Work hard and you will find success

Eduard Utkin, Director General of the “Jewellers’ Guild of Russia” Association, expert of the RF Chamber of Commerce and Industry’s Committee on Precious Metals and Precious Stones, told R&P about implementing the SIIS PMPS (State Integrated Information...


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

U.S. Polished Diamond Exports Surge in Nov.

17 january 2012

U.S. polished diamond imports for the month of November rose 6.6 percent year on year to $1.544 billion and that increase was driven by a 34 percent surge in the average price per carat, which hit a record $2,024, Rapaport reported. The U.S. imported 762,560 polished carats during November, which was 21 percent lower than one year earlier. Meanwhile, polished diamond exports skyrocketed 29 percent year on year to $1.461 billion, leaving net polished diamond imports of only $83 million compared with imports of $316 million in November 2010.
Rough diamond imports jumped 26 percent year on year in November to $68 million and rough exports leaped 58 percent to $41 million. The U.S. imported a net $27 million worth of rough stones or basically the same as one year ago.  For the month of November, the U.S. held a net diamond account, representing total imports less exports, of $110 million and the figure reflected a 68 percent decline from November 2010.
Polished diamond imports for the period of January through November 2011 have risen 21 percent year on year to $20.152 billion with 20 percentage points simply reflecting higher prices per carat. Polished diamond exports have surged 31 percent to $16.499 billion and the price per carat on goods leaving the U.S. were up 94 percent to $1,177.  The rough diamond trade regularly exhibits wide year-on-year swings, so for the first 11 months of 2011, rough diamond imports were up 25 percent to $578 million and rough exports increased 34 percent to $385 million, leaving a surplus of $193 million compared with $174 million in 2010. The year-to-date net diamond account, however, has fallen 13 percent to $3.653 billion.