IDEX Price Report for 1 January: Still No Signs of a Recovery
January 01, 26
2025 ended, as expected, with more price drops. 2024 ended with cautious optimism about a recovery. There have been some gains during the year in +2.00-cts goods, but there are still no signs of a real recovery. And it may be that we shouldn't expect a... Read More...
Soccer Star Buys Himself 986-ct Birthday Gift
December 31, 25Soccer player Victor Osimhen marked his 27th birthday with a 1.5kg gold chain, encrusted with 986 carats of diamonds. It was created by Benny the Jeweler, the New York City-based celebrity jeweler, with an estimated price tag of over $750,000... Read More...
African Producers Hit out, as India Takes KP Chair
December 31, 25African diamond producers have reacted angrily to India's last-minute selection as chair of the Kimberley Process (KP), claiming it will retain the status quo and do nothing to help them. The African Diamond Council (ADC), representing 18 member countries... Read More...
Diamond Slump Hits Botswana's GDP
December 30, 25Botswana's government is forecasting a contraction of almost 1 per cent in its economy for 2025, amid an ongoing slump in diamond sales. "The macroeconomic outlook for the whole of 2025 remains fragile, with GDP projected to contract by 0.9 per cent... Read More...
Titan Finally Starts Selling Lab Growns
December 30, 25Titan Company is finally embracing lab growns with the launch of a new brand, called beYon, and the opening of a flagship store in Mumbai. Titan, India's biggest jewelry retailer with over 760 stores had long resisted lab growns, and had positioned itself ... Read More...
Memo by John Jeffay
December 24It's all about marketing, says Ronnie VanderLinden. "My key issue, and it has long been my key issue, is marketing. Period," he says. "I think we've lost out because of the way we've marketed our product, our wares. Education and marketing is what will bring ... Read More...