News

News

in-depth analysis of Diamonds market news

Jewelry Group MJSA Appoints Council Director

Manufacturing Jewelers & Suppliers of America (MJSA) has appointed Joel McFadden director of its Council of Custom Jewelers.  The New Jersey-based jeweler will be responsible for cultivating and developing group members’ expertise into articles, educational materials...

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De Beers Raises Prices at $520M Sale

De Beers’ April sight closed with a value of $520 million amid concerns among manufacturers that higher rough prices could affect profit margins. De Beers raised prices by 1% to 2% from the previous sale for larger size categories, sightholders told Rapaport News this...

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Chow Tai Fook Gains as Gold Prices Shine

Hong Kong-based jewelry retailer Chow Tai Fook saw a jump in quarterly sales amid stronger consumer sentiment and an increase in gold prices. Total retail sales leaped 13% in mainland China and grew 11% in Hong Kong and Macau in the fourth fiscal quarter ending March...

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GIA Opens Synthetics-Testing Center Inside Stuller

The Gemological Institute of America (GIA) has launched a melee-screening center on the premises of diamond supplier Stuller, enabling the jeweler to verify the natural origin of its stones. The arrangement allows Stuller to sell its natural diamonds to retail clients...

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