News

President Donald Trump has put a three-month hold on most of his recently announced reciprocal tariffs, lowering the rate to 10% for nearly all countries. At the same time, he has hiked the taxes on ...
Rough resources at Lucapa Diamond Company’s Lulo mine in Angola rose 9% in 2024, the seventh consecutive year the site has seen an increase. The figure, which refers to the volume of diamonds with a ...
The European Union will not include polished diamonds in the countermeasure package it has put together in response to the new US reciprocal tariffs. The move would have caused “significant harm” to ...
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Petra Diamonds has pushed off the sale of rough from its Cullinan mine in South Africa as it wrestles with concerns over the impact of tariffs, even as prices from its other deposits grew. “Tender ...
Signet Jewelers has told its suppliers it will not accept any financial obligation from tariffs to products for which it has current outstanding orders, or for future shipments that have already been ...
Sotheby’s has debuted an exhibition featuring rare diamonds worth more than $100 million, including the Mediterranean Blue, a 10.03-carat diamond that will lead the Geneva High Jewelry sale in May, ...
The Israel Diamond Exchange (IDE) has suspended its membership in the World Federation of Diamond Bourses (WFDB), citing the global trade group’s “recent actions,” including its response to the US ...
The Gemological Institute of America (GIA) will temporarily increase the scope of its laboratory services in Dubai and Hong Kong to offset logistical challenges related to tariffs. The institute will ...
Technology is rapidly changing our world, and the advance of artificial intelligence (AI) in particular is ushering in a completely new era. Our centuries-old industry is not immune to this shift.
The Gemological Institute of America (GIA) has temporarily stopped accepting goods at its labs abroad that need to be shipped to the US for service, due to the new tariffs President Donald Trump has ...
Every year, jewelry houses go to extraordinary lengths to source the most exclusive gems so they can surprise clients with creations that are entirely novel. Yet sometimes clients desire the familiar ...