Latest Gems And Jewellery News Updates, Pictures, Videos

The Rapaport Group, based by Martin Rapaport, revealed the primary Rapaport Diamond Price List in 1978 which is right now the global benchmark for diamond prices. 2014 was a pivotal yr as a outcome of that is when the jewelry market recovered all that it lost within Jewelery News the Great Recession. It took seven lengthy years for jewellery consumption and jewellery retailer gross sales to exceed ranges reached in 2007. Unfortunately, year-end 2021 information particular to jewellery retailers’ sales is lacking from the Census Department Retail Trade Survey.

  • The industry has highlighted points such as the lack of valuers, challenges with the hand-carriage of gems and jewellery, and considerations about the Remission of Duties or Taxes on Export Products scheme.
  • Lab-grown diamonds are reshaping the global diamond jewellery market, with manufacturing volumes growing rapidly.
  • Fura’s New Sapphire Jewelry Is Traceable to the SourceThe gemstone mining company’s “Celebration Sapphires” assortment has launched in India.
  • Traders are focusing on clearing current stock somewhat than accumulating more, which would necessitate further borrowing.
  • The new bangle design of Cartier’s basic Baignoire watch, and the Reverso Secret necklace by Jaeger-LeCoultre.