Hong Kong-based jewellery retail giant Chow Tai Fook Jewellery Group Limited has developed its own AI Diamond Grading Certificate powered by state-of-the-art artificial intelligence (AI) and blockchain technology. The company stated: “This…
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The diamond market continued to improve in October as holiday orders picked up, according to a Rapaport press release. Supply shortages helped buoy prices of 1 carat and larger stones. However, the…
After 37 years of operations and having exhausted its economic reserves, the iconic Argyle mine in the remote east Kimberley region of Western Australia has celebrated its final day of mining. Arnaud…
India’s total gold demand in Q3 2020 was down 30% to 86.6 tonnes year-on-year, which underscores the likelihood that the country may register its lowest annual gold consumption on record, according to…
Petra Diamonds Limited reported that its Q1 revenue increased 33% to $82 million owing to the release of inventory carried over from Q4 FY 2020 and an increase in diamond prices following…
Alrosa’s first auction for special size rough diamonds (over 10.8 carats) that was held in Dubai since the beginning of the pandemic, earned the company a total of $8.7 million. The auction,…
The National Diamond Council (NDC) continued its association with India’s premier fashion platform, Lakmé Fashion Week (LFW), to support its first ever digital season that ran from 20th-25th October 2020. The NDC…
Platinum is one of the rarest metals to exist on this planet, which makes it instantly more appealing for millennials. Vaishali Banerjee, Managing Director, PGI India, decodes the reasons for its popularity…
No other gemstone evokes the emotion of love and a sense of commitment like the diamond. This year, as the world battled with an unusual virus, the diamond industry collectively came to…
By Mukesh KumarMarket Intelligence GroupWorld Gold Council Summary The domestic gold price decreased by 4.4% m-o-m but ended the month 31.1% higher y-t-d1 Economic indicators sent mixed signals during August, suggesting that…