US retail sales rose to higher-than-expected levels in March as consumers stocked up on goods prior to the implementation of tariffs. Revenue grew 1.4% — adjusted for seasonal variation — from the ...

US consumers shelled out an average of $5,493 on engagement rings, according to a recent survey by the Plumb Club, up 2% from the previous study in 2023. Some 29% of respondents said they laid out ...

Swiss watch exports rose in March amid a resurgence in US demand and solid growth in the United Kingdom, which surpassed Hong Kong and China for the first time Shipments of timepieces grew 1.5% to CHF ...

Christie’s will be offering 21 jewels from a private JAR collection at its upcoming Geneva sale, including an Apricot Blossom bracelet that could fetch up to $650,000. The bangle, featuring round ...

Gemfields recorded a loss in 2024 amid a weak demand for gemstones, borrowing money to keep the business afloat. The miner expects to report a loss of $100.8 million for the year, compared with a loss ...

Experts have predicted that the Golconda Blue could smash its high estimate to sell for as much as $100 million at Christie’s in Geneva, making it the most expensive diamond ever sold at auction. The ...

Christie’s will spotlight a 23.24-carat blue diamond with royal Indian provenance at its upcoming Geneva auction, where it is set to fetch up to $50 million. The pear-shaped Golconda Blue is the ...

Sir Michael Hill will take a leave of absence from the jewelry company he created and runs to undergo treatment for cancer. Andrea Slingsby, who spent three years with the Australia-based jeweler from ...

Production at Rio Tinto’s Diavik mine in Canada rose in the first quarter as the site returned to normal levels after temporarily halting production a year ago. Output grew 27% year on year to 942,000 ...

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 ...

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 ...

Diamond Club West Coast (DCWC) has chosen its new executives, reelecting Kalpesh Jhaveri as president. The leadership team also comprises Mervyn Hahn and Sina Partownavid as co vice presidents, Sean ...