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Israel’s Diamond Industry Under Severe Pressure

Did Natural Diamond Ind. Misjudge LGD Threat?

Industry Infighting Has Hurt Consumer Confidence in Jewellery
Hainan: Marketing strategies adopted during the mass launch of laboratory-grown diamond jewellery have had a negative impact on consumer confidence in jewellery in general, the results of which are being seen today, Gaetano Cavalieri, President of the World Jewellery Confederation (CIBJO), told the opening session of the 2024 Global Gems and Jewellery Development Conference, in Hainan, China, on December 19, 2024. “The items we sell do not necessarily have inherent value – such is the nature of luxury products,” Dr.

Industry Infighting Has Hurt Consumer Confidence in Jewellery
Hainan: Marketing strategies adopted during the mass launch of laboratory-grown diamond jewellery have had a negative impact on consumer confidence in jewellery in general, the results of which are being seen today, Gaetano Cavalieri, President of the World Jewellery Confederation (CIBJO), told the opening session of the 2024 Global Gems and Jewellery Development Conference, in Hainan, China, on December 19, 2024. “The items we sell do not necessarily have inherent value – such is the nature of luxury products,” Dr.
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SA Platinum Producers to Launch Promotion Body
Johannesburg: South African platinum producers are planning to launch an industry body to promote investment demand for the precious metal in the coming months aimed at boosting sales in the face of falling prices, industry and banking sources said. The new body, to be called the World Platinum Investment Council, is likely to be based in London or Johannesburg, the

Angola Tips Zimbabwe for KP Chair
Harare: Angola said when presented with an opportunity to chair the Kimberley Process (KP), Zimbabwe should make a bid, as the African continent will support it as a candidate. The global diamond trade watchdog was established in 2003 in Kimberley, South Africa to stem the illicit trading of gems. Member countries chair the organization on a rotational basis for a

WDC Presi Advices KP Plenary
Guangzhou: “We should always remember that millions of people are depending on the well-being of the diamond industry for their livelihoods. From the miners and their families in the producing countries, through to the polishing and trading centers, the jewelry manufacturers and the retailers, we all need to face the future and contribute together to make the diamond world a

India’s Jewellery Exports Jump 22% in Apr-Sept
Mumbai: Exports of gold jewellery, coins and medallions rose by 22 per cent to Rs 33,594 crore in the first half of this fiscal mainly due to RBI’s 80:20 scheme. Under the 80:20 scheme, the Reserve Bank, in August last year, had allowed nominated agencies to import gold on the condition that 20 per cent of the import would be

GJEPC Introduces Special Recognition Award
Bengaluru: At IIJS Bharat Tritiya 2026, GJEPC introduced special recognition award, Hidden Stars, for the very first time, dedicated to the teams who work behind the scenes and play a vital role in the success of every jewellery business. Often unseen yet highly influential, these professionals help shape important decisions, guide collections, and strengthen the very foundation of retail excellence. Their

WGC to Develop Shared Infrastructure for Digital Gold
London: The World Gold Council (WGC) recently announced a pioneering initiative to build new market infrastructure designed to unlock the next era of digital gold’s development. WGC has co-authored a White paper titled Digital Gold: The Case for a Shared Infrastructure with Boston Consulting Group (BCG) which explores “Gold as a Service” – a new platform to support the issuance

Diamond is Forever: The Making of a Cultural Icon 1926–2026
Mumbai: De Beers Group, a global leader in the natural diamond industry with a legacy spanning over a century, is launching A Diamond Is Forever: The Making of a Cultural Icon 1926–2026, a visual retrospective celebrating its pioneering role in shaping the world of natural diamonds. The book traces how, beginning in the 1930s, the brand reimagined natural diamonds from discreet

IIJS Bharat Tritiya Unveils India’s Strength As Global Jewellery Powerhouse
Mumbai: India today solidified its position as a global jewellery powerhouse as the Gem & Jewellery Export Promotion Council (GJEPC) inaugurated the 4th edition of IIJS Bharat – Tritiya 2026 at the Bengaluru International Exhibition Centre (BIEC). As the third-largest B2B jewellery trade show in the country, the event serves as a strategic sourcing gateway for the upcoming festive and
