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This Startup Has Raised $100 Million to Sell You Lab-Grown Diamonds

Author: Liz Welch - Published 21-04-2017 21:38 - ( Reads)
Unbeknown to most, scientists working in computer labs have been growing diamond shards for decades. But in 2013, solar entrepreneur R. Martin Roscheisen decided to apply the technology to a product far more glamorous--fine jewels. Diamond Foundry, a San Francisco-based company with $100 million in venture capital, has taken aim at the $13 billion diamond industry.

Gold eases to Rs 29,800; silver slumps below Rs 42K-mark

Author: unknown - Published 21-04-2017 20:19 - ( Reads)
Gold prices fell by another Rs 10 to Rs 29,800 per 10 grams at the bullion market today due to weak trend overseas and easing demand from local jewellers, while silver saw a big slump, cracking below the Rs 42,000 mark.

Rapaport Weekly Market Comment

Author: unknown - Published 20-04-2017 11:00 - ( Reads)
Dealers return from spring break in optimistic mood despite low trading volumes. Steady influx of new polished production entering the market. Large Indian manufacturers raising production, while small factories still acclimatizing to demonetization and low levels of demand.

Charlotte-based Diamonds Direct expands its business

Author: KATHERINE PERALTA - Published 20-04-2017 07:12 - ( Reads)
Charlotte-based Diamonds Direct said this week it has acquired Distinctive Diamonds and its sister company, Global Diamonds. The acquisitions add four stores to Diamond Direct’s business, bringing its total to 14.

China demand lifts polished diamond prices

Author: Sutanuka Ghosal - Published 19-04-2017 11:22 - ( Reads)
The prices of certain categories of polished diamonds have risen as much as 5% in the past one month on Chinese demand, bringing the sheen back to Gujarat production centres that were buffeted by India's decision in November to withdraw high-value currency notes.

Bibhu Mohapatra launches an extension of Forevermark Artemis™ Collection at Sawansukha Jewellers

Author: unknown - Published 19-04-2017 06:04 - ( Reads)
In keeping with the interstellar theme, the extension of the collection will play with three key motifs: the sun, moon and stars, as seen in earrings, rings, bracelets, pendants and brooches. A central Forevermark diamond emerges as the definitive, cosmic element in each design. The extension intricately mixes yellow and white gold to create a classic style statement.

Pink & Blue Diamonds Could Fetch $68M

Author: unknown - Published 18-04-2017 09:35 - ( Reads)
Sotheby’s will offer what it has called the “most valuable” set of earrings in auction history at its Geneva sale next month – though the two stones don’t match in color.
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