|
Newsletter May 28 | 2026 |
|
|
| India Now Exports More Lab Grown Carats than Natural India's export volume of polished lab growns has overtaken that of natural diamonds for the first time. The tipping point came during the year to March 2026, according to figures published by the GJEPC (Gem and Jewellery Export Promotion Council). Lab grown exports surged almost 31% to 18.84 million carats during  |
| African Producers: Use 4Cs Only for Natural Stones African diamond producers are calling for lab growns to be measured in grams rather than carats, and for 4Cs grading to be reserved only for natural stones.The African Diamond Producers Association (ADPA) announced the move on Monday (25 May) after a summit in Freetown, Sierra Leone.The ADPA, based in |
|
|
|
|
|
|
| $25.6m Jadeite Necklace Just Misses World Record A green jadeite necklace sold for HKD 200.2 million ($25.6 million) at Christie's Hong Kong, narrowly missing a world record. The Ethereal Jadeite Necklace, featuring 61 jadeite cabochon beads, hit its high estimate (HKD 110 million to 200 million). But it didn't quite eclipse the Hutton-Mdivani Necklace, which |
| Another Rise for Richemont Jewelry Sales Richemont saw another annual rise in jewelry sales, up 8% in FY26, although watch sales fell by 4%. The Swiss luxury conglomerate delivered "strong sales growth and solid results" in the year to 31 March, with overall group sales up 4% to EUR 22.4 billion (USD 24.1 billion). It reported "continued strength" at its |
| Caution among Emerald Buyers, says Gemfields Gemfields sold $26.8 million of rough emeralds at its May auctions amid cautious demand, and warned it expects to offer a smaller-than-usual selection for sale next month. The UK-based gemstone miner also said it would have to be flexible about the size, frequency and timing of its ruby auctions for the remainder |
| Screen Icon: Christie's to Sell Claudia Cardinale's Jewelry Jewelry that belonged to Italian screen icon Claudia Cardinale is to be auctioned at Christie's Paris. Highlight of the sale is a 1960s Serpenti watch by Bvlgari - part of an iconic line of snake-inspired watches, with pear-shaped sapphires for eyes - and an estimate of EUR 150,000 to EUR 250,000 |
| The End of the (Ice) Road? The long-term future of the world's longest ice road - a vital supply line for diamond deposits in Canada's frozen north - is in doubt after the closure of one mines, financial difficulties of the other two, and milder winters. The 370-mile Tibbitt to Contwoyto Winter Road (TCWR) has long been the preferred route for |
| CIBJO Warning over Gold-Trading Operation The World Jewellery Confederation (CIBJO) has issued an urgent warning about a gold-trading operation that is falsely claiming to have its endorsement. As a non-profit representative association, CIBJO says it does not trade in any commercial products, the secondhand gold market, or financial instruments such |
| Forensic E-bike Analysis Leads to Jewelry Arrest Police arrested a man suspected of stealing $78,000 of jewelry after "forensic digital analysis" of his electric bike. Investigators in Michigan, USA, linked its distinctive identifying features to their suspect, Scotty Hester, 54, after the pre-dawn break-in at Bogazy Fine Jewelry, in Clinton Township. They say a suspect |
| Instore Acquires JA New York Shows Instore, the B2B media and events brand, has acquired the JA (Jewelers of America) New York trade shows for an undisclosed sum. It plans to "restore JA New York as a must-attend event on the industry calendar". JA New York holds a Spring and Fall show every year, but hasn't held a Summer show since 2022. |
IDEX Online SA
|
