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

Turning the Corner?

27 february 2012

There was good news from the Far East last week with record attendance of 38,000 buyers (up three per cent over last year) at the HKTDC Hong Kong International Jewellery Show which ended on Monday, Diamond World reports in its Weekly E-Post. But more important than the absolute numbers was the indication they provided that the slump the industry has experienced over the last six months may have begun to bottom out.
Most exhibitors have reported that business was above expectations, and there was reasonable demand for sizes upto 3 cts in various cuts, including rounds and fancies. Most of the demand was from China, India and the Middle East; buyers from the older markets are, understandably, still hesitant. With sections of retailers back to buying and trading picking up, the mood on the exhibition floor was significantly more buoyant than what had been seen at earlier shows this year. The immediate trigger has been restocking, as some amount of inventory has been cleared during the recent Chinese New Year.
Perhaps too much was read into the positive signals of last year’s HK Show, leading to a degree of over estimation and speculation. For that to be repeated this year would be truly disastrous. So caution will have to continue to be the industry watchword in the months ahead. While there does seem to be a turn for the better, the industry has only passed one milestone, albeit an important one, on the road to recovery.