Vladimir Zboykov: New times have come for jewelers

How a personal collection of minerals was thrown on the scrap-heap, who is behind the destruction of gemstone consumption culture in Russia and why jewelers will soon have to choose between business and prison – all this was told to Rough & Polished...

Yesterday

Changing preconceptions in the diamond and financial markets

Eli Avidar is a man on the move…literally. In April, the former Israeli diplomat stepped away from the CEO’s office at the Israel Diamond Exchange, a position he had held for more than two years, and from the Israel Diamond Institute, where he had been...

13 august 2018

Chasing a dream…

Elina Chan, MD of Shenzhen Shi Qing Yu Zhubao Ltd completed her higher education from Xiamen University and Master’s degree from Hong Kong University. To achieve her dream to start a business, Elina gave up numerous job opportunities in Hong Kong and...

06 august 2018

Pangolin Diamonds using termites to find kimberlite indicators in Botswana

It is not a secret that the rate of kimberlite discovery in Botswana has dropped considerably and research has shown that termites can help diamond explorers have an understanding of the transport mechanism of kimberlite indicator minerals from the kimberlite...

30 july 2018

In another fifty years, we’ll have a different scale of valuation, and all those items of natural origin – including diamonds – will sharply increase in price

Within the framework of the Qatar-Russia 2018 Year of Culture, the World Diamond Museum hosts an exhibition of the Qatar Museums at the State Historical Museum in Moscow – "Pearls: Treasures of the Seas and the Rivers," that opened on 11 July...

24 july 2018

Seasonal slowdown affects diamond marketing

02 august 2018

According to RAPAPORT, diamond prices saw a tiny decline during a seasonal vacation period. US suppliers were reluctant to give big discounts after a positive first half of the year.
After having returned from vacations, US retailers had difficulties restocking their supplies as they released their goods during the second quarter whin prices were up.
Prices for rough and polished diamonds remain relatively stable. Rough prices increased an estimated 4% in the first half of 2018.
US and China show steady interest in 0.50-carat, D to G, VS to SI diamonds and rising interest in 0.70-carat, G to J, VS to SI. There is a weak demand for small stones, says the note from the agency.
Currency exchange rates have negatively influenced Chinese and Indian local retailers’ budgets, who became interested in lower quality products. 
Yet, Hong Kong diamond sector has enjoyed a steady growth which is very encouraging before the September Hong Kong show and the October 1 Golden Week retail season. The optimistic mood, which is prevailing in the US and Chinese diamond sector, supports the market for the second half of the year.

Victoria Quiri, Rough&Polished