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

Diamond Jewelry sales see record growth

15 june 2021
Diamond jewelry sales emerging from the pandemic (March, April, May 2021) show record-breaking growth in the United States. Diamond jewelry sales from this period have increased 30% as compared to 2019 and almost 3xs 2020 numbers based upon industry analysis, Natural Diamond Council (NDC) reported.
According to NDC, recent diamond jewelry sales growth was heavily supported by millennial shoppers, both male and female. Diamond jewelry sales also increased throughout 2020 as consumers were apt to purchase items that carry value and meaning during the pandemic. This trend has persisted in full force as the pandemic lifts and people spring back into life's celebrations and pleasures.
Consumers are keen to make new memories with family and friends after a solitary and difficult year. Natural diamonds are synonymous with marking special life moments, NDC notes.
The US market is currently experiencing a wedding boom. A natural diamond engagement ring is often a gateway to additional diamond purchases for the self or others leading up to the wedding, council affirms.
"American consumers are exhibiting a voracious appetite for diamond jewelry. Consumer purchases this year are at record levels, up some 30% compared to 2019. These purchases are also a far more significant share of consumer expenditure. This is the testimony of our ingrained need to celebrate life," commented Edahn Golan, Diamond Research & Data.

Alex Shishlo for Rough&Polished