India's Polished Exports Fall Sharply in October
November 19, 25
India's cut and polished exports fell sharply in October to $1.026bn, down 27 per cent year-on-year and down 25 per cent on the previous month, according to new figures from GJEPC (Gems and Jewellery Export Promotion Council). Exports peaked... Read More...
China Ends VAT Concession for Diamonds
November 19, 25China has ended concessions on diamond imports and is now charging 13 per cent VAT. The move applies specifically to diamonds - both natural and lab grown - traded through the Shanghai Diamond Exchange (SDE), but since it is China's sole authorized... Read More...
$20m Pink Diamond Pulled from Sotheby's Sale
November 18, 25The Glowing Rose, a 10.08-carat vivid pink diamond that was expected to sell for around $20m was pulled from Sotheby's High Jewelry Sale in Geneva last week. It was withdrawn prior to the sale on 12 November. A notice on the Sotheby's website simply said... Read More...
US Cuts Swiss Tariffs from 39% to 15%
November 17, 25The US has, as expected, agreed to cut tariffs on Swiss watches and other exports from 39 per cent to 15 per cent. On Friday (14 November) the White House announced what it called an "historic trade deal" with Switzerland and its neighbor... Read More...
Star Diamond Losses Narrow as it Cuts Costs
November 17, 25Canadian junior miner Star Diamond reported another net loss in Q3, of CAD 989,000 (USD 705,000). It was lower than its Q3 loss in 2024 (CAD 1.4m, USD 997,000) and its loss of CAD 1.45m (USD 1,034,000) in Q2 2025. The company said it was narrowing... Read More...
Memo by John Jeffay
November 13It's the stuff of movies. A priceless yellow diamond, part of Austria's crown jewels, vanishes without trace in 1918 when Charles I, the country's last emperor, flees for his life. The mystery of the 137.27-carat gem, recovered from India's famed Golconda mines... Read More...