US seasonal sales predictions are better than expected. Sotheby’s Hong Kong auction features a 100 ct yellow diamond necklace by GIA alumna Anna Hu.
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World’s two largest diamond producers say market is stabilising after several months of severe cutbacks in rough sales. Christie’s and Sotheby’s sales.
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Russell Shor reflects on the people, gems and stories he’s encountered as he’s covered the industry over the years.
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US Christmas jewellery sales increased slightly from 2018. Online buying surged, while foot traffic in retail stores slowed.
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2019: A year of ups and downs in the gem and jewellery industry, including diamonds, retail, auction sales and laboratory-grown diamonds.
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De Beers and Alrosa slashed rough diamond sales after ABN AMRO’s says it will no longer finance rough purchases for goods that can’t be cut profitably.
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Decent demand for finished jewellery, but less for loose gems. Plus: Lab-grown diamonds and responsible, sustainable business practices.
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All eyes are on the upcoming jewellery sales events in the US – the Luxury and JCK shows in Las Vegas – as business slows down in other parts of the world.
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DeBeers responds to fluctuations, and the FTC issues warnings on laboratory-grown diamonds. Plus: 302.37 ct Graff Lesedi La Rona is revealed.
Read MoreThe building blocks are in place for a strong 2018 U.S. holiday season. Plus, diamond market updates and upcoming auctions.
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