The R&M “Lettre”

Italian gemological lab Gem-Tech has warned the trade that a number of lab-grown diamonds circulating in the country are being sold as natural.

The facility is located in Sarine’s office building in Surat. The Gem Certification & Assurance Laboratory, which was acquired by Sarine last year, has opened a laboratory in the diamond manufacturing hub of Surat, India. Don and Pamela Palmieri founded New York-based GCAL in 2001.

January’s Fashion Week saw certain jewelers present their new fine jewelry collections in an early spring atmosphere.

In this fascinating Rapaport podcast episode, Editor-in-Chief Joshua Freedman and senior journalist Leah Meirovich – both experts in the diamond world – share their thoughts on the past year and what lies ahead for 2024.

Fine jewelry captivates Paris twice a year, during the Fashion Weeks in July and January. They are a wonderful opportunity to showcase rare and complex craftsmanship, exceptional stones as well as the stories of the jewelry companies. Let us look back at some of the beautiful creations that illuminated 2023.

In 2023, the diamond market was strongly affected by both cyclical (US market, Chinese market) and structural issues (competition from lab-grown diamonds in the United States). However, 2024 is showing signs of a positive rebound. The reopening of the Indian market should help to boost demand and free up the market. The Chinese New Year […]

(IDEX Online) – Anglo American, parent company of loss-making De Beers, is being tipped as a takeover or merger target after its valuation dropped by over $30bn in under two years. 

It provides a timeline for the implementation of new restrictions, but no details. Diamonds “mined, processed or produced” in Russia will be prohibited from entering G7 nations beginning Jan. 1, 2024. In March, tighter restrictions will go into effect.

De Beers has kept rough-diamond prices steady since July despite the market downturn. Rapaport News Editor Joshua Freedman asks whether the world’s largest diamond miner by value will change its strategy in the New Year.

The Luele mine is expected to eventually make the country the world’s third-largest diamond producer.

LVMH is making changes at the top at two of its jewelry brands, Fred and Chaumet.

Pantone has unveiled its 2024 Color of the Year—Peach Fuzz (13-1023), which it called a “velvety gentle peach tone whose all-embracing spirit embraces the mind, body, and soul.”