Carat
Carat weight remains a defining factor in the value and appeal of diamonds and other gemstones, making it a key consideration for professionals across the jewellery trade. For UK jewellers, designers, and wholesalers, staying informed on how carat trends influence pricing, consumer demand, and supply chain decisions is essential. Jewellery Focus offers in-depth coverage on carat-related topics, including market analysis, consumer education, pricing strategies, and insights into the ethical sourcing of larger stones. Our reporting helps trade professionals navigate this critical aspect of the gemstone and diamond market.
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Aug- 2020 -28 AugustAuctions
First online diamond sale for Christie’s totals $1.5m
Christie’s first ever online sale dedicated solely to diamonds totalled $1.5m (£1.13m), the auction house has announced. The Jewels Online: Summer Sparkle event ran between 12 August and 27 August, with 84% sold by lot. According to the auction house, the sale attracted 28% of new registrants from over 20…
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13 AugustAuctions
Christie’s launches first diamond-dedicated auction
Christie’s has announced the launch of Jewels Online: Summer Sparkle, a curated online-only auction that specifically focuses on diamonds. In its latest release, Christie’s said: “From classic colorless diamonds, to a wide variety of rare colors including pinks, grays, oranges, greens, browns and yellows this sale offers comprehensive selection of…
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7 AugustDesigners
Edge of Ember to exclusively use lab-grown diamonds
Edge of Ember has announced it is “exclusively” using lab-grown diamonds in its collections going forward. It comes as the group said that working with diamonds that came with the “negative environmental impact of mining and harrowing stories of labour just didn’t quite cut it”. The brand is now taking…
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3 AugustInternational
Diamcor cuts costs as average prices rise
Diamcor has announced it will continue efforts to implement short-term operational changes and cost reduction efforts at its Krone-Endora at Venetia mine in South Africa. The mine project has been temporarily halted due to local lockdown measures, and in light of the closure, Diamcor will continue to reduce, defer, and…
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Jul- 2020 -31 JulyInternational
Gem Diamonds sales rise in H1
Gem Diamonds has announced that it generated $29.4m (£22.3m) in its half-year results, after 16 diamonds sold for more than $1m (£760,000) each. This marked a rise against the 12 diamonds that sold for $26.6m (£20.2m) collectively in the first half of 2019. During the period, the average price of…
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30 JulyInternational
De Beers jobs at risk following poor sales
De Beers has announced that total revenue plummeted 54% to $1.2bn (£920m) in its half-year results, with rough diamond sales falling to $1bn (£767m), down from the $2.3bn (£1.76bn) reported the year prior. In light of the damaged performance, CEO Bruce Cleaver told Reuters that the group would “likely” proceed…
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30 JulyAuctions
Christie’s jewels auction totals $28m
Christie’s has announced that its Magnificent Jewels auction totalled $28m (£21.6m), with 87% sold by value and 83% sold by lot. The auction, which took place in New York City on 29 July, had global participation with clients registered from 34 countries. A diamond necklace suspending a pear-shaped diamond was…
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22 JulyRetailers
Rise in ‘Golden Age’ Hollywood-inspired rings
Vintage diamond engagement rings worn in the ‘Golden Age’ of Hollywood are reportedly making a comeback, according to a Mayfair jeweller. Hancocks London, situated in Burlington Arcade, has reported an “unprecedented” interest in couples seeking engagement rings inspired by the starlets and style of the era. The jewellers has charted…
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17 JulyDesigners
The Alkemistry launches craft concept
London-based fine jewellery brand, The Alkemistry, has announced the upcoming launch of a luxury craft concept that is set to “harnesses luxury, craft, mindfulness and sustainability”. From 17 July, customers will be able to weave their own piece of fine jewellery from 18-carat gold chains and vibrant silk. The concept…
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16 JulyInternational
Diamond sales plummet at De Beers
Rough diamond sales at De Beers slumped by 96% to $56m (£44.6m) in the second quarter of the year, down from $1.3bn recorded the year prior. This was largely driven by lower volumes, which plunged by 97% to 300,000 carats in the prios, while prices also fell. It comes after…
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