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Diamond Index Price Report Calculator Latest Transactions. 96.27 (+0.04) The diamond index is updated every hour. The percent of change displayed is with reference to yesterday's closing time (24:00 EST). The Diamond Index and Diamond Drivers were formulated following comprehensive research and analysis of the IDEX inventory database ...
Steinmetz Detained then Released in Greece
October 15, 24 by John Jeffay. (IDEX Online) - Mining and diamond magnate Beny Steinmetz was detained by police in Greece over an arrest warrant issued in Romania. Steinmetz, who arrived in Athens on a private flight on Sunday (13 October) was later released from custody but ordered not to leave the country, according to a Reuters report. He ...
After the Diamond Peak . . . - IDEX's Memo
Oct 16, 2024 · Global diamond production reached its peak in 2005, at 176.7m carats, according to Kimberley Process data. It's been in overall decline since then. The latest KP figure, for 2023, is 111.5m carats (a 37 per cent drop on the 2005 figure) and 2024 is forecast at around 107m carats. Let's not forget that it wasn't until the 1980s that diamond ...
De Beers "to cut Sightholder Numbers"
October 15, 24 by John Jeffay. (IDEX Online) - De Beers is reportedly planning to further cut the number of sightholders. The UK-based has steadily reduced the number from an historic peak of 350 to a current total of just over 60. That number is to be further reduced, as of January 2026, according to a letter sent by De Beers last month.
$30,000 Bracelet Wraps Itself Round Your Wrist
October 15, 24 by John Jeffay. (IDEX Online) - It's the gold bracelet that wraps itself around your wrist - saving you the trouble. It's made of 18k yellow and white gold, it costs just over $30,000 (€28,000) plus VAT, and its standout feature is an ingenious no-battery mechanism that's triggered by the weight of the wearer's wrist.
More Retail Jewelry Closures in US
Oct 22, 2024 · More Retail Jewelry Closures in US. October 22, 24 by John Jeffay. (IDEX Online) - The US jewelry sector shrank yet again during the third quarter of 2024, with the overall loss of 589 retailers year-on-year, a reduction of 3.3 per cent. During Q2 the figures were 647 retailers, down 3.6 per cent, and in Q1 the loss was 563 - or 3.1 per cent.
Faberge Launches 007 Ruby Surprise
Oct 21, 2024 · The 18k yellow gold locket marks the 60th anniversary of Goldfinger and is designed as an egg-shaped Fort Knox gold depository safe, with a ruby hidden inside. The Fabergé x 007 Goldfinger Egg Safe Locket with Ruby Heart Surprise is available to order now, for January delivery, priced $18,900. The first piece in the collection, a limited ...
Five Takeaways for Evolving Jewelry Businesses
Oct 13, 2024 · The report - the first in a quarterly series entitled The Business of Jewelry Report - concludes by suggesting that jewelry businesses should develop a strategic and adaptive business model, build a better understanding of your target customer, embrace technology and digitization, explore and implement direct-to-consumer (D2C) strategies, and enhance collaboration within your supply chain.
Call for Clear Lab Grown Labels in India - idexonline.com
Oct 16, 2024 · Call for Clear Lab Grown Labels in India. October 16, 24 by John Jeffay. (IDEX Online) - The Indian government is facing calls to adopt US guidelines to distinguish lab growns from natural diamonds. The 10,000-member GJEPC (Gems and Jewellery Export Promotion Council) says there is widespread confusion in the way diamonds are marketed and ...
Diamond Prices - IDEX Online
An analysis of international wholesale asking prices for better-quality diamonds. Published monthly, this reliable, transparent and unbiased pricing tool is based on price changes as seen on IDEX's trading platform.