A 7.03 carat fancy vivid blue , internally flawless cushion cut diamond was sold for a record breaking price of US$9,488,754- approximately US$9.5 million (6.2 million pounds or 10.5 million Swiss francs) on the 12th of May 2009 at a Sotheby’s auction at Geneva, Switzerland.
This has set a new world record price for any gemstone sold at an auction, ie US$1,349,752 per carat. The previous record
Polished diamond imports in Japan fell by 21% in March 2009 ,when compared to the same period last year. Japanese people choose to spend less on luxury items due to the ongoing recession. The Japanese auto and computer/ electronics industry have taken a big hit due to decreased consumer spending in Europe and the US. […]
Due to the Global recession exports of diamonds to USA from India has dropped by over 30%. Indian diamond exporters are now looking for alternative markets. The Middle East looks promising .Since the onset of 2009, they are the leading importers of polished diamonds from India. According to Pravin Nanavati, ex president of the Surat […]
Angelina Jolie, Victoria Beckham and Anne Hathaway are to design jewellery for the charity. Prince’s Trust charity will be among the beneficiaries. The Prince’s Trust is a charity dedicated to helping the youth by developing confidence, motivation and skills to find jobs. The trust tries to address the level of unemployment in the youth in […]
An Analysis of Exports for 2006 and 2007 By G.K.M Tilaka Nandani- Statistician, National Gem and Jewellery Authority, Sri Lanka. This article was reproduced with kind permission from the National Gem and Jewellery Authority. 1.1 (a) Gem Exports The value of gem exports in the year 2007 amounted to Rs. 10,442.2 million ,it was Rs […]
JANUARY Event City Country Jan 11th-13th PRINT’OR Fair Lyon France Jan 18th-20th JA International Jewellery (Winter) Show New York USA Jan 21st-24th 20th Int’l Jewellery Tokyo (IJT 2009) Tokyo Japan Jan 31st-Feb 2nd Jewellers International Showcase(JIS) Miami Beach USA FEBRUARY Feb 1st-5th Spring Fair Birmingham 2009 Birmingham UK Feb 3rd-8th G.L.D.A Tucson Gem & Jewellery […]
This was on 4th December 2008,during his excellienc’s the President of Sri Lanka’s visit to Turkey