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...

20 september 2021

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

Polished diamond prices show steady gains during the final quarter of 2020

25 february 2021
Image credit: UNI Diamonds

UNI Diamonds, a fintech company presents the Natural Diamond (NDP) Quarterly Price Report, compiled from the 120 leading diamond trading companies from around the world, as per the press release from the company.
According to the report, the new year began on a positive note, with price movements during the period Oct-Dec 2020 providing reasons for optimism. Retail demand trended positively due to consumer optimism and the relaxation in COVID flight restrictions during the third quarter, leading to healthy holiday season demand, stabilizing and improving average prices for diamonds.
Strategies by De Beers and ALROSA, coupled with marketing initiatives by the Natural Diamond Council helped mitigate stress in the pipeline while fueling consumer demand, adds the report. 
On average, price changes during the quarter were moderate but in a positive direction. The average price of round diamonds increased by 0.79% while that of fancy-cut diamonds rose by 1.15%. However, the growth was not uniform in both the categories due to differences in the various size groups within each category.
The categories showing the largest price gains included smaller stones and 5-caraters, while 4-caraters fell by 2.75% on average. Prices in the popular 1-carat category improved only slightly, by 0.21%. 
With Fancy-Cut diamonds, the highest growth was in the larger stone categories, with 5-ct stones showing a whopping 4.37% appreciation. Volatile price with higher color/clarity combinations showed strong growth, while lower colors and clarities tended to decline in value.

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