News

News

Third Int'l Rough Diamond Week To Be Held In May
The third edition of the rough diamond buyers week will take place from May 16 to 22.
Indian CenBank: Credit Extended Beyond Six Months
The move aims to ease operational difficulties faced by importers, according to a report.
IDE President Yoram Dvash Says Bank Finance Critical
Dvash comments on financing for diamond industry following reports that Standard Chartered Bank tightening loan conditions.
Precious Stones Exchange To Hold Buyers Day Event
It will be the first such event to be held by the Israel Precious Stones and Diamonds Exchange.
China's Polished Diamond Imports Fell 14% in 2015
The country's slowing economy is reducing demand for diamond jewelry.
U.S. Jewelry Prices Rose 3% Last Month
Rising prices of polished diamonds and precious metals are behind the rise.
Antwerp Trading Normal After Bombings, Access Restricted
Two explosions took place at Brussels Airport and a third blast happened at a metro station near the European Union offices in the capital.
IDE President Yoram Dvash: Horror at Belgian Attacks
Dvash sends message of condolences to families of victims and wishes speedy recovery to those injured.
Indian Jewelers Bring Strike Over Tax to End
The strike action began 18 days ago and led to jewelry store closures across the sub-continent.
Weakness of Ruble Helps Alrosa Post Profit for 2015

The ruble has fallen due to Western sanctions against Russia and dropping oil prices which has slashed the government's income.

De Beers Launches Diamond Reselling Body in the U.S.
 The service will enable retailers to offer their customers a reselling solution for all diamonds, regardless of value.
U.S. Polished Diamond Imports Slip 3% in January
The value of the diamond imports, however, increased by 12 percent to $1,938 per carat.