Platinum’s rare nature gives it additional value and appeal

Huw Daniel is the CEO of Platinum Guild International, overseeing market development activities in China, Japan, India and the USA, on behalf of the platinum producers of South Africa. Before taking up this role in 2015, Huw ran PGI USA for 12 years...

13 september 2021

Marco Carniello: We want to continue to be the engine boosting the jewellery industry

Italian Exhibition Group (IEG) is a leader in Italy in the organisation of trade fairs and one of the main operators in the trade fair and conference sector at European level, with structures in Rimini and Vicenza, as well as further sites in...

06 september 2021

There is a significant need for smart and technological financial solutions in the diamond industry

MDPS, the Israeli start-up Fintech company from the Mazalit Group is gearing up to enter the diamond industry soon. Zeev Maimon, the CEO of MDPS is also the Founder / CEO of MAZALIT, a B2B payment platform designed and dedicated to the global diamond...

30 august 2021

The future for synthetics lies in that it has become possible to grow a stone you want and make what you want out of it

Alex Popov, President of the Moscow Diamond Exchange and head of the Âme jewelry brand, which uses lab-grown diamonds to produce jewelry, sat for an interview with Rough&Polished sharing his views on the coexistence of natural and man-made diamonds in...

23 august 2021

De Beers’ GemFair ropes in more than 160 Sierra Leone artisanal miners

De Beers inaugurated its GemFair pilot programme in Sierra Leone’s Kono District with 14-member mine sites in 2018 to create a secure route to market for ethically sourced artisanal and small-scale diamonds. GemFair programme manager Ruby Stocklin-Weinberg...

16 august 2021

Demand for blue & pink diamonds drive color diamond price increases in Q3 2016

14 november 2016
Fancy color diamond prices continued to climb moderately during Q3 2016, at a rate similar to Q2, says a press note from FCRF, referring to an analysis done by the Foundation.
According to the analysis report, for over a year data showed two opposite pricing trends in fancy color diamonds. One, demand-driven price increases for pink and blue diamonds, while price decline was noticed in lower-cost, commercial yellow diamonds. Prices of blue and pink diamonds increased 1.2% and 0.5%, respectively in Q3. Prices of yellow diamonds have declined by 0.1%, more than during the Q2 of the year. Overall, prices in the fancy color diamond category increased by 0.4% for the period.
The report also says that strongest price performers during Q3 2016 were the fancy vivid blue and fancy pink categories across all carat sizes, appreciating by 6.7% and 3.1%, respectively. On the other side, price declines of between 1-3% were reported for all yellow categories, including fancy, intense and vivid. However, certain intense and vivid yellow diamond shapes such as rounds, pears and emeralds, did not experience price declines. For the 12 months ending October 2016, the Fancy Color Diamond Index appreciated by 0.9%, driven by price increases for blue and pink diamonds of 3.2% and 1.7%, respectively, and offset by a 1.6% decline in prices of yellow diamonds.

Aruna Gaitonde, Editor-in-Chief of Asian Bureau, Rough & Polished