International

Jewellery industry news from around the world.

Economy

Global consumer demand for jewellery hits new record high of $82bn

Global consumer demand for diamond jewellery hit a new all-time high in 2017, climbing to US$82bn (£60.7bn), according to industry…

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International

Alrosa’s first quarter revenue and profits surge

Alrosa, the global leader in rough diamond production, has reported its revenue rose by 58% to £1.1bn driven by an…

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International

Carats.io raises $1.6 Million in first financing round

Carats.io, an Israeli blockchain startup in partnership with the Israel Diamond Exchange, has raised $1.6m (£1.1m) in its first funding…

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Events

Rising Middle East tension forces World Diamond Congress to cancel

The World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA) have announced that due to rising…

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International

Alrosa auctions 101 special-sized diamonds for $14.8m

The United Selling Organization (USO) of Alrosa has sold 101 special size rough diamonds with the total weight of 1751.1…

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International

Israeli Diamond Institute appoints Aviel Elia new MD

The board of directors of the Israel Diamond Institute (IDI) has appointed Aviel Elia as its new managing director.

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Economy

Gold demand in 2018 gets off to quiet start as investment slows

Gold demand had a soft start to 2018, reaching 973 tonnes (t), the lowest first quarter since 2008, according to…

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Current Affairs

Industry figures comment on overseas hallmark outcome

Leading figures in the industry have commented on the outcome of the British Hallmarking Council’s consultation on overseas hallmarking styles.

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International

Jewellery leaders announce blockchain initiative with IBM

IBM and a consortium of gold and diamond industry leaders have announced the first cross-industry initiative to use blockchain to…

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Economy

Diamond prices slow in March after events ‘impacted on confidence’

Diamond prices stabilised in March, but sentiment softened after a positive start to the year, says Rapaport.

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