The diamond business is yet bright and has a good future in the coming days

Hitesh Patel, Managing Director of Dharmanandan Diamonds Pvt. Ltd., joined the family business in 1997 to help his father Laljibhai Patel, the founder of Dharmanandan Diamonds Pvt. Ltd. Egged on by its success, Hitesh set up the overseas presence of...

19 august 2019

The talk around LGDs is all hype

As a teenager, Luca Luterbacher began to design and manufacture single pieces and individual items for wealthy private family friends from Switzerland and Lichtenstein. In 2017, he finally invested in his own luxury trademark "Luterbacher."...

12 august 2019

Correct adjustment of advertising is the major challenge

At the recent Amberforum held in the Baltic city of Svetlogorsk, Andrey Yanchevsky, Head of the trade representation of the LA VIVION jewelery company shared his opinion with the correspondent of Rough&Polished on the state and prospects of the jewellery...

05 august 2019

Small-scale diamond mining is the future in Botswana – Leon Daniels

Pangolin Diamonds, which is currently the most active diamond exploration company in Botswana, has called upon authorities in the southern African country to include diamonds into the minerals permit for small scale mining operations. Pangolin chief...

29 july 2019

“There has been a strict policy in Israel against LGDs; have been forbidden on IDE trading floor for years.”: Aviel Elia, Managing Director- IDI

Aviel Elia, an attorney by profession, has served as Legal Adviser and Company Secretary of IDI since 2013. As a key member of the Israel Diamond Institute (IDI) management team, he has been involved in developing company strategy and negotiating...

22 july 2019

Fancy Color Diamond Index reflects stable prices in Q4 2014

19 february 2015
The Fancy Color Research Foundation (FCRF) published the Fancy Color Diamond Index, first started in 2014 to measure and analyze the performance of these rare diamonds as an alternative asset class. The January 2015 Index shows that fancy color diamonds are continuing to exhibit consistent price levels, against a backdrop of commodity value declines in the fourth quarter of 2014.
The 2014 index revealed that fancy color diamonds, across the categories of pinks, yellows and blues, have increased in value by 167 percent on average since January 2005, outperforming other leading assets in a similar period.
According to the most recent index read in January 2015, fancy color diamonds remained practically unchanged in Q4 2014. The company perceives this performance as further testimony to the favorable supply-demand dynamics of fancy color diamonds.
Meanwhile, 1 carat diamonds prices declined by 5 percent over the same period and 0.30 carat diamond prices declined by as much as 9.2 percent, according to the Rapaport Group's RapNet Diamond Index (RAPI™).
Ishaia Gol, a member of the board of advisors for The FCRF, commented, “Unsurprisingly, the fourth-quarter data collected by the FCRF team reaffirms our knowledge and understanding from the last decade that fancy color diamonds are a separate niche, almost non-correlated to white diamonds.”
The FCRF is an independent, non-profit organization formed to promote fair trade, ethics and transparency in the fancy color diamond retail, wholesale and mining industry. The FCRF activity includes the development of innovative research and digital tools that will support the fancy color diamond retail selling process for consumers, retailers and collectors.

Theodor Lisovoy, Rough&Polished, Moscow