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

New Online Diamond Auction Platform Launched

14 may 2012

A new global online exchange system for polished diamonds has been launched, allowing traders to conduct electronic auctions around the clock, Diamond World reports cited by Israelidiamond.co.il. The Diamond Dealers Automated Exchange, called DIAMDAX for short, is a joint venture of Antwerp diamond industry organs DODAQ and the Antwerp World Diamond Center (AWDC).
The DIAMDAX exchange system permits diamond traders to "upload" polished diamonds to the website so that they can be bid on by anyone anywhere in the world. AWDC president Nishit Parikh said that the new DIAMDAX system will completely change the way that diamonds are transacted for, greatly increasing business efficiency.
AWDC chief executive officer Ari Epstein stated that the DIAMDAX system will also have the added benefit of making the diamond industry more transparent. Epstein explained that this would be the case because the new method of online trading would result in a unified Diamond Spot Price, and that greater transparency in the industry would result in additional financing channels for diamond mining operations, which are very capital-intensive.