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Latest News & Stories

Fancy Pink Diamond Fetches $3.5m at Christie's Auction

A 2.17-carat fancy vivid purplish pink diamond fetched $3.5m at auction, well above its high estimate of $2.5m. It was the most expensive of a "Perfect Palette" of three colored diamonds... Read More..

 
Sold, via WhatsApp, a $360,000 Diamond Ring

An Italian jeweler in lockdown sold a $360,000 diamond ring - via the messaging service WhatsApp. The buyer, a wealthy Swiss woman, agreed the sale after seeing the gem on video calls... Read More..

Surat Manufacturers hit by Certification Delays

Manufacturers in Surat are struggling as diamond certificates are delayed by India's pandemic travel restrictions. They're being forced to wait for at least two months, rather than one in normal ... Read More..

 
Alrosa's Q1 Revenue Rises 28 per cent, Year-on-Year

Alrosa reported a 28 per cent increase in year-on-year revenue for Q1 from rough and polished sales - up to $1.16bn. The figure was down five per cent on the previous quarter and comprised... Read More..

Tiffany Ditches its New York Times Ads, after 125 Years

Tiffany & Co has ended its "most consistent relationship with the public " by ditching its daily page-three ad in printed editions of The New York Times. The tradition dates back more than a century, to 1896... Read More..

 
Britain Approves Modi's Extradition to India

The British government has endorsed a court ruling that diamond billionaire Nirav Modi - accused of a $1.85bn bank fraud - should be extradited to India. He's opposed extradition since his arrest ... Read More..