GOLDNET.MARKET - “We want and are working to provide business with the opportunity to develop a lot of activity areas”

Today, almost all jewellery companies have their own wholesale websites, online stores, and social media pages. But a year ago, GOLDNET.MARKET, the first jewellery wholesale marketplace appeared in Russia, a new effective tool for the jewellery market...

Today

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

Fancy Color Diamond prices dip a nominal 0.7% in Q3 2020

16 november 2020
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Image credit: FCRF

The Fancy Color Research Foundation (FCRF) has announced the results of the Fancy Color Diamond Index (FCDI) for Q3 2020. After two long quarters, due to COVID-19 restrictions, FCRF was unable to conduct a price survey. FCRF has now published the first index for 2020, says a press release from the Foundation.
On average, Fancy Color prices slid by 0.7%, however, with transactions picking up in Q3 2020, the FCDI displayed a general stability in relation to this chaotic period.
The majority of categories experienced a decrease of less than 1%, while Yellow showed lower drops than Blue and Pink. The Vivid category in all color segments presented stability of -0.1%, in comparison to the Fancy grade to -1.1% and Fancy Intense to -0.9% categories.
Yellow diamonds presented the lowest decrease in Q3 of -0.3%. The category that showed a significant increase is the Fancy Intense Yellow 8 carat, rising by 1.0%. In contrast, the Fancy Intense Yellow 5 carat category decreased by -2.4%.
Overall, Pink diamond prices decreased by 0.8% in Q3 2020. The Fancy Vivid Pink category showed the greatest price drop when 10-carat diamonds dropped by 3.5%, as well as the greatest price rise as 1.5-carat stones rose by 1.6%.
Similar to Pinks, overall Blue diamond prices declined in Q3 -0.8%. The 1.5 carat category decreased 1.8% and the Fancy Vivid Blue 2 carat category increased 1.5%.
FCRF Advisory Board member Oren Schneider said: “While diamond trading is not yet fully back to pre-COVID ‘normalcy’, we are clearly seeing an increasing fancy color diamond transaction activity as a result of governments easing regulatory restrictions. We are looking forward to further improvement in the business environment leading into 2021."

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