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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May- 2016 -9 MayCurrent Affairs
Lucara sells rough diamond for record-breaking £43.5m
Diamond production firm Lucara has announced it has achieved the highest price ever achieved for the sale of a rough diamond. The 812.77-carat type IIa rough diamond, which was recovered from the Karowe mine in Botswana in november last year, has been sold by the company for $63m (£43.5m). As…
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5 MayAuctions
Largest rough diamond discovered in 100 years could fetch £48m at auction
The largest rough diamond to be discovered in over a century could sell for more than $70m (£48m) at a Sotheby’s auction. The 1109-carat ‘Lesedi la Rona’ – the largest gem-quality rough diamond to be discovered in over a century and the largest rough diamond in existence today – will…
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Apr- 2016 -26 AprilCurrent Affairs
Petra Diamonds revenue soars 25% in Q3 results
Petra Diamonds has announced its revenue rose 25% to $120.5m (£82.9m) in the third quarter (Q3) of the 2016 financial year, when compared with the same period in 2015. In its latest trading update for the period from 1 January to 31 March, Petra said its revenue was pushed up…
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21 AprilAuctions
Diamond and sapphire prices soar for Bonhams
Sapphire and diamond jewellery designs achieved top prices when they went under the the hammer at Bonhams Fine Jewellery sale in London yesterday. Bidders in the New Bond Street saleroom, online and on the telephones, competed for 129 lots at the auction on Wednesday, 20 April, which achieved £4.98m with…
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20 AprilAuctions
Shirley Temple’s blue diamond ring fails to sell
The blue diamond ring previously owned by former child-star Shirley Temple has failed to sell at an auction in New York. The Sotheby’s auction opened bidding for the ring at $19m (£13m) and closed it at $22m (£15m), which was below the ring’s reserve price. The 9.54-carat ‘fancy deep blue…
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18 AprilEconomy
9-carat rockets 16.4% in upbeat March hallmarking figures
The total number of hallmarked items grew 5.4% in March, boosted by an 8.2% jump in the number of gold articles. That’s according to the latest data from the four UK assay offices – compiled by the Birmingham Assay Office – which found there was a total of 740,976 articles…
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8 AprilDesigners
Carat opens refurbished Covent Garden store
Fashion jewellery brand Carat has announced the opening of its recently renovated boutique in Covent Garden, London. The store has been refurbished to reflect the brand’s new shop concept featuring its signature Carrera marble and chrome fittings, alongside a chandelier from Italian designer Gino Sarfatti. The store, which will display…
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7 AprilAuctions
Record-breaking pink diamond could fetch £27m at auction
The largest fancy vivid pink pear-shaped diamond to ever be offered at auction is expected to go under the hammer for $28m to $38m (£19.9m to £27m). The 15.38-carat ‘Unique Pink’ diamond – unveiled in London today – received the highest possible colour grading for a pink diamond from the…
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6 AprilAuctions
Rare blue diamond sells for £22.5m
The world’s largest oval fancy vivid blue diamond to ever go under the hammer has been sold for $31.8m (£22.5m). The De Beers ‘Millennium Jewel 4’ was auctioned at the Sotheby’s Magnificent Jewels and Jadeite Spring Sale on 5 April, selling for the highest price ever paid for a jewel…
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5 AprilEconomy
Polished diamond prices remain stable in March
Prices of polished diamonds remained stable in March, according to the latest RapNet Diamond Index (RAPI) from the Rapaport Group. The company said prices were supported by steady dealer trading even though the outlook for consumer demand remains uncertain. It added, in the first quarter, sentiment improved as polished prices…
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