India’s overall gross exports of gems and jewellery dipped by 2.05% in October 2019, with growth in the gold jewellery segment making up to an extent for the continued large drop in polished exports, according to provisional data released by The Gem & Jewellery Export Promotion Council (GJEPC).

De Beers announced sales worth US$ 390 million (provisional) for Cycle 9 2019. While this is a fair improvement over the previous Cycle sales worth US$ 297 million, it still falls short of Cycle 9 2018 sales of US$ 442 million.

The trade in rough and polished diamonds continued to remain depressed in October both in value and volume terms, according to figures released by the Antwerp World Diamond Centre (AWDC).

The European Federation of Jewellery (EFJ), recently put out a statement welcoming the new European customs code for synthetic diamonds, which has been introduced in the European combined nomenclature (Chapter 71).

The World Gold Council yesterday released the findings of its Gold Retail Market Insights study, believed to be the largest multi-country survey ever conducted on gold.