New York--The Israel Diamond Exchange and the Diamond Dealers Club of New York will hold their fifth Israel Diamond Week this fall, an event designed to spark trade between Israel- and New York-based diamond dealers.

The three-day event is scheduled for Oct. 31 to Nov. 2 and will take place on the trading floor of the Diamond Dealers Club of New York, located at 580 Fifth Ave. in the Diamond District.

The event gives DDC members, and the approximately 100 diamond traders of the IDE, access to a wide range of goods ahead of the holiday season.

DDC President Reuven Kaufman said that they are optimistic the event will be a success given the “positive trends” for diamond sales in the U.S. market.

IDE President Yoram Dvash concurred.

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“All of the factors are pointing to a good holiday season in the U.S. The DPA has launched its new marketing campaign, which we hope will have a significant impact on younger consumers. We look forward to working very hard with our American colleagues to supply a growing demand for diamonds this Christmas,” he said.

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