Latest News

Jewelers haven’t been replenishing their stock like expected, and diamond prices have softened slightly.
Ruby production also was down, though Gemfields CEO Ian Harebottle noted a “buoyant” start to the year for the luxury market.
The holiday season was “mediocre,” Rapaport Group said, and the diamond industry needs to tread lightly in 2017.
The diamond miner and marketer sold $720 million in rough at its first sales cycle of the year.
Diamond dealers are echoing the same sentiment expressed by jewelers--they gotta feeling that this year is going to be a good, good year.
At 1,109 carats, the Lesedi la Rona is the second largest rough diamond ever discovered, smaller only than the Cullinan Diamond dug up in 1905, which weighed in at 3,016 carats.
The Lesedi la Rona, which failed to sell last summer, likely will be offered via a sealed bid tender in 2017.
Rapaport Group said optimism in the U.S. market ahead of the holiday season lifted prices.
Prices of fancy colored pink and blue diamonds are up, but partially offset by continued price declines in lower-cost, commercial yellow diamonds.
National Jeweler

Fine Jewelry Industry News

Since 1906, National Jeweler has been the must-read news source for smart jewelry professionals--jewelry retailers, designers, buyers, manufacturers, and suppliers. From market analysis to emerging jewelry trends, we cover the important industry topics vital to the everyday success of jewelry professionals worldwide. National Jeweler delivers the most urgent jewelry news necessary for running your day-to-day jewelry business here, and via our daily e-newsletter, website and other specialty publications, such as "The State of the Majors." National Jeweler is published by Jewelers of America, the leading nonprofit jewelry association in the United States.