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

India Exports $888 Million in Polished Diamond, Imports $589 Million in Rough Diamonds in May

17 june 2009

During the month of May India's diamond industry has exported a $888 million worth of polished diamonds, a drop of 34.2% compared to the same month last year, while volume by carat was 17% lower than last year, at an average value of $314.30 per carat, reported citing Idex online.
In comparison, India's diamond industry imported $589 million worth of rough diamonds during the month of May, a drop of 45.5% compared to May 2008. The volume of imports declined 35.5% to 9.061 million carats.
One reason for the lower import levels of rough diamonds into India is the very large inventory of polished diamonds in India, at a time of low consumer demand, which has forced manufacturers to decrease capacity.
India's diamond industry has suffered greatly from the global recession, forcing the lay-offs of hundreds of thousands of skilled diamond workers.