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New Canadian Diamond Discoveries Could Close Pending Supply Gap

Author: Paul Zimnisky - Published 17-11-2017 20:58 - ( Reads)
On November 1st, De Beers said that it will be closing its nearly depleted Victor diamond mine in northern Ontario in early 2019. Victor is the first in a line of legacy diamond mines world-wide that will be closing over the next 5-years.

Diamond Producers Association launches India operations, reaches out to 3,000 retailers for training, education

Author: unknown - Published 17-11-2017 20:41 - ( Reads)
The Diamond Producers Association (DPA) on Thursday announced the launch of their operations in India to strengthen the diamond sector, by promoting the integrity and reputation of diamonds and ensuring the sustainability of the diamond industry.

Diamond Producers Association launches India operations, reaches out to 3,000 retailers for training, education

Author: unknown - Published 17-11-2017 20:41 - ( Reads)
The Diamond Producers Association (DPA) on Thursday announced the launch of their operations in India to strengthen the diamond sector, by promoting the integrity and reputation of diamonds and ensuring the sustainability of the diamond industry.

Profit-booking pulls gold futures down to Rs 29,560

Author: unknown - Published 17-11-2017 20:09 - ( Reads)
Gold prices fell Rs 103 to Rs 29,560 per 10 ten grams at the futures trade today as participants indulged in profit-booking at prevailing levels even as the metal strengthened overseas.

Silver futures fall to Rs. 40,337 per kg

Author: unknown - Published 17-11-2017 20:05 - ( Reads)
Silver prices were down by Rs. 141 to Rs. 40,337 per kg at the futures trade today as traders cut down their bets at prevailing levels, ignoring a firm trend overseas.

Botswana Diamonds confident of South Africa discovery

Author: unknown - Published 17-11-2017 08:36 - ( Reads)
Irish exploration company Botswana Diamonds has said it expects to locate diamonds in a previously unexplored region of South Africa after tests were completed.

Rapaport Weekly Market Comment

Author: unknown - Published 16-11-2017 11:00 - ( Reads)
Sentiment improves, with wholesale jewelers busy filling Christmas orders. Record $25.3B Alibaba Singles’ Day (11/11) sales signal strong mobile buying for upcoming holiday season. Polished trading stable. Rough market cautious, with low profitability after $455M De Beers sight. High polished inventory sinks Sarine 3Q sales -35% to $11M. Geneva auctions disappoint. Christie’s sells $106M (75% by lot), with emerald, 163ct., D, FL Art of de Grisogono going for $33.7M ($206,266/ct.). Sotheby’s sells $79M (87% by lot), with 33.63ct., fancy light pink, VVS1 diamond fetching $12.8M ($381,154/ct.). Raj Pink fails to sell. Peace Diamond arrives in New York ahead of Dec. 4 auction

Shanghai Jewellery Fair 2017 showcases cutting-edge designs, innovative concepts

Author: unknown - Published 16-11-2017 09:00 - ( Reads)
The 13th edition of the China International Gold, Jewellery & Gem Fair — Shanghai (the Shanghai Jewellery Fair), East China's highly anticipated four-day jewellery trade show, is all set to showcase an extensive range of eye-catching jewellery collections at various price points. It will open its doors on November 17 at the Shanghai World Expo Exhibition & Convention Center

World's Largest D-Flawless Diamond Fetches $33.7 Million

Author: Anthony DeMarco - Published 14-11-2017 11:46 - ( Reads)
A 163.41-carat D-color flawless diamond sold for $33.7 million at Christie’s Magnificent Jewels sale in Geneva Tuesday. Known as the “Art of de Grisogono, Creation 1,” the rectangular shaped gem is the largest flawless D-color diamond ever to come to auction.

Two of the world’s largest yellow diamonds up for sale

Author: John Caposele - Published 14-11-2017 09:53 - ( Reads)
Two of the largest yellow diamonds ever offered for sale will be hitting the auction block in Geneva on Wednesday.

The pair of rocks, called the Donnersmarck Diamonds, total more than 185 carats and once belonged to French nobility
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