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...

Yesterday

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

Indian Diamond Cutters Turn Jewelry Makers

24 august 2012

Diamond cutters and polishers in the largest diamond center in the world in India are responding to lost income by adding jewelry manufacturing units to their business operations, the Times of India reported cited by Israelidiamond.co.il.
Some small- and medium-scale diamond cutting and polishing firms in Surat are diverting considerable amounts of the polished diamonds that they produce to in-house factories for the purpose of producing diamond jewelry like rings, pendants and diamond-embedded wristwatches, according to the Times of India.
In recent months, polished diamonds have not been able to fetch as high as price as they have in the past, due to decreased demand. As a result, it has made economic sense for Indian diamond cutters to adjust their business plans and include beneficiation activities in their operations.
By cutting, polishing and producing jewelry in-house, these Indian firms are finding that they have developed a competitive advantage which allows them to market jewelry at a lower price, since they themselves do not have to pay any mark-up on the polished diamonds.