Petra’s Rough Prices Sink Amid Softening Demand May 21, 2023 Like-for-like valuations dropped 13% at miner’s fifth tender. Mining
Jewels from Mellon Family to Hit Sotheby’s New York May 21, 2023 Selection includes a sapphire and diamond necklace carrying a $3.5 million upper estimate. Polished
G7 to Work on Restricting Trade in Russian Diamonds May 21, 2023 Countries will implement tougher curbs on trade and use of rough and polished, while UK has banned the stones completely. Industry
Sarine Revenue Drops Amid Economic Caution May 18, 2023 Group net profit was $800,000, down from around $3.4 million reported a year earlier. Industry
Market Comment May 18, 2023 News: Polished trading quiet. Jeweler inventory replacement down amid economic…
GSI Opens Third Lab in Mumbai May 18, 2023 Gemological organization reports increased demand for its services in the jewelry market. Grading
28-Piece JAR Jewelry Collection Sells Out at Christie’s May 18, 2023 Eye bangle fetches nearly $1 million at Geneva Magnificent Jewels. Polished
Blackstone Set to Buy IGI for up to $550M: Report May 18, 2023 US private-equity firm could sign deal with sellers this weekend, according to Indian media. Industry
US Retail Sales Gain as Inflation Eases May 17, 2023 April revenue up 0.4% from March and 1.6% year on year. Retail
Christie’s to Offer 127ct. Diamond Without Reserve May 17, 2023 D-color, internally flawless stone carries estimate of up to $15 million at New York Magnificent Jewels. Polished