India and China, the two largest consumers of silver in the world, are set to drive demand for silver in the new year, according to a variety of reports.

The Gemological Institute of America (GIA) formally opened its Hong Kong laboratory with a ribbon-cutting ceremony that was attended by more than 125 industry leaders last week. It is GIA's fifth international location.

New York--The Rapaport Group's RapNet Diamond Trading Network has launched RapNet China, the first multilingual Chinese and English diamond-trading network.