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

De Beers accrues $700m from Jan sight, hikes diamond prices 5pc

29 january 2014

De Beers accrued about $700 million from its January sight as it increased prices by 5 percent on average.
Rapaport reports that the price increase affected most categories, while the diamond group also adjusted assortments in its boxes.
“The De Beers price increases go well over the categories that have changed,” an unnamed Antwerp-based sightholder was quoted as saying.
“There are certain categories for which you could justify those prices have increased since November and December, and that would be more in the smaller pointer size goods. But what De Beers did across the board, hitting mostly the melee goods and the smalls, was unseen.”
Rough demand from the secondary market improved with solid premiums emerging on De Beers boxes, claims Rapaport.
Rapaport reports that although there were requests for additional stones during the sight, De Beers could not have the goods to fulfill additional demand.
Another unnamed Mumbai-based sightholder told the diamond news service that traders were not “too upset” by the price hikes as the rough diamond market had become buoyant in January with steady premiums on the secondary market.
Meanwhile, De Beers head of midstream communications David Johnson was quoted as saying that the market improvement was influenced by a combination of factors.
He said there had been “good U.S. demand at the end of the year, a fairly long gap between rough buying cycles in December and January which has led to a depletion of rough inventory, and easing liquidity pressures as some receivables have come through from the fourth quarter”.

Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished