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 prices to fall 30% - analysts

16 january 2009

Reports say the outlook for diamond prices in 2009 is "very poor" as analysts’ prognosis are pointing to a 30 percent drop.
"I wouldn't be surprised if prices drop by more than 30 percent," Des Kilalea, an analyst at RBC Capital Markets was quoted as saying by "There will be no material recovery in 2009."  He said De Beers would be hurt the most, since it mined the most diamonds, adding that it was, however, difficult to make blanket statements about alluvial juniors, which dig for diamonds in rivers.
In 2007, total diamond production worldwide was 160 million carats with an estimated value of USD14 billion.
The US recession had been identified as a serious threat to the diamond market as it (the US) accounted for half of the market.

Mathew Nyaungwa, Rough&Polished from SA