If real gems are replaced by artificial stones, it is not the difference in value that sellers may cheat you out, but the very idea that you are to obtain along with a jewelry piece made from a genuine stone

Elena Titova is the Director of the All-Russian Decorative Art Museum. The museum, which she heads, was founded fairly recently (less than 40 years ago), but it is one of the most popular and stylish museums of Moscow, famous, among other things...

12 november 2018

“We'll only work with mines and suppliers that can prove full and unquestionable traceability”, assures David Zabinsky, CEO, TRIGEM

Armed with a Bachelor of Science in Government & Legal Studies, and Spanish from Bowdoin College (Maine, USA), a multi-faceted professional, David Zabinsky has both international public and private sector experience, most recently managing an...

06 november 2018

The diamond market sentiment is cautious at the moment, especially in Europe

Born in Switzerland, Angelika Mavridou relocated to Thessaloniki (Greece) with her family, only to establish her own business JEWELLS GALLERY LTD, which was later transformed to S.A. Prior to venturing into her own business, she studied Gemology...

29 october 2018

Zimnisky talks about pink diamonds, De Beers’ Lightbox

An independent diamond industry analyst and consultant said although exceptional and ‘one-off’ diamonds are hard to assign a value to them, the Pink Legacy will likely fetch $2.64 million per carat when it goes under the hammer next month in Geneva...

22 october 2018

An alliance between a diamond producer and a diamond manufacturer in Russia is simply inevitable and necessary

What is a diamond manufacturer’s margin composed of? What is the profession of diamond processing engineer about? How much time does it take to become a diamond cutter? How does a polishing factory work? The Russian Cut, is it alive? Lightbox from De...

15 october 2018

WGC:Global gold jewellery demand up by 6% in Q3

09 november 2018
Global demand for gold jewellery during the quarter ended September 30, 2018, rose by 6% year-on-year driven largely by stronger demand from price-sensitive consumers, and growth in key markets India and China, says World Gold Council in its quarterly publication, Gold Demand Trends.
The report said that gold jewellery demand rose from 505.8 tonnes during the same quarter last year to 535.7 tonnes during the current year.
Demand in India bounced back after two consecutive quarters of y-o-y declines, rising by 10% to 148.8t. A significant dip in gold prices in August also boosted demand in India, though currency fluctuations sent prices soaring again soon after.
China too reported jewellery demand of 174.2t in Q3, a 10% increase over Q3’17. Demand benefitted from the Qixi and Mid-Autumn festivals.
Middle Eastern jewellery demand remained under pressure in the face of geopolitical stress, down 12% y-o-y to 37.7t.
Iranian jewellery demand saw the largest fall in the region for the second consecutive quarter, down almost 60% y-o-y in Q3, while Turkey saw demand slump 31% due to a rising and volatile gold price.
Egypt marked the third consecutive quarter of growth with a 17% y-o-y rise in jewellery demand.

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