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Latest News & Stories

Coronavirus: Diamond Capital at a Standstill Until 14 July

Diamond factories in Surat, India, will remain closed until 14 July at the earliest as the city battles a COVID-19 outbreak centered on its main cutting and polishing zone.... Read More..

 
Tiffany Wins $12m Battle Against Fake Websites

Tiffany & Co have won a $12m legal battle against fake websites claiming to sell their goods. The iconic New York-based jeweler said sites with names... Read More..

Chinese Jeweler "Secured Loans" Against 83 Tons of Fake Gold

A Chinese jewelry firm based in Wuhan stands accused of securing loans with eighty-three tons of fake gold. Kingold Jewelry is a Nasdaq-listed company based in the city.... Read More..

 
Dubai Boost for Lab-Grown Diamonds

Dubai is expanding its lab-grown sector by welcoming Lumex to its diamond hub. Lumex was founded in 2018 by the Mehta family, owners of the Rosy Blue empire, and produces diamonds Read More..

The Real Story: Jewelry Demand in the U.S. Market in 2020

U.S. jewelers had great hope for 2020. The 2019 end-of-year November-December holiday shopping season was strong, a trend that carried over to the January-February 2020 Valentine's Day selling period.... Read More..

 
Manager Arrested for "Opening Diamond Factory" during Surat Lockdown

The manager of a diamond unit in Surat, India, was arrested for allegedly breaching COVID-19 rules. Police say they found 26 employees working at a factory in the Katargam.... Read More..