Euphoria despite the pandemic
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Saturday,November 28 2020 [ Issue 4 November/ 2020 ]
Euphoria despite the pandemic
There’s this inimitable wave of euphoria in the air – despite the news of the second wave of Covid19 making its presence felt in China, the USA and Europe. People have learnt to live with the hygiene protocols of the pandemic and refuse to give in to depression and sulking inside closed doors.

Come December and they all want to invite the New Year with a bang – fearlessly – hopefully not recklessly though they have gone all out spending their saved money on jewellery. Gold, diamond and every other form of precious metal is in demand once again swearing to pull the economy out of the depths it was sinking into. Retail sentiment positive after good festival sales. Bridal driving demand during ongoing wedding season. China recovery gains momentum. Tiffany & Co. 3Q sales -1% to $1B, profit +52% to $119M. Human Rights Watch claims jewelry trade’s responsible sourcing falls short of international standards.

People have learnt to live with the pandemic and that is what will see all of us through these challenging times!

 
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Highlights
India International Jewellery Show (IIJS) Virtual 2020, powered by GIA, organized by the Gem and Jewellery Export Promotion Council of India (GJEPC), concluded on October 16, 2020. The five-day jewellery extravaganza which co
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In February this year, The Fancy Color Research Foundation (FCRF) reported that in the last decade, fancy colour diamonds demonstrated a stable market price with pink diamonds topping the charts, with an increase in price by
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Tiffany & Co. reported its financial results for the three months (“third quarter”) and nine months (“year-to-date”) endedOctober 31, 2020. In the third quarter, worldwide net sales returned to the
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{{Today, Venus Jewel is one of the biggest exporters of cut and polished diamonds, standing as an example to other companies in the industry – what is the secret behind your empire’s success?}}$$ The secret ingredient of our
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The diamonds were discovered at the legendary Cullinan Diamond Mine, which, for over a century, has produced some magnificent gems and is the birthplace of the most famous diamond of all time, theCullinan, that proudly sits w
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UNI Diamonds has announced that it has reached an agreement with the Gemological Institute of America (GIA) to integrate GIA Diamond Origin Reports into all of the UNI diamond platforms. As a result of the agreement, key info
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The GJEPC inaugurated the first ever Diamond Studded Jewellery VBSM in the presence of Chief Guest ShriSuresh Kumar, Joint Secretary, MoC&Ialong with ShriColin Shah, Chairman, GJEPC; Shri Dilip Shah, Convener, Internation
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JMA Hong Kong International Jewelry Show opened on 26 November and will close on 29 November. Held at Hong Kong Convention and Exhibition Centre, 1 Expo Drive, Wan Chai, Hong Kong this is the first physical show which is witn
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This year’s rating of Russia’s best employers is Forbes’ second. In 2020, in addition to working conditions and corporate social and environmental policies the final score factors in expert opinion. These we
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Christie’s presentsJewels Online(18 November to 1/2 December), spanning over 350 examples of fine jewels and iconic designs from the world’s most renowned jewelry houses. Works by Bulgari, Cartier, David Webb, Gra
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If you have ever wondered, “what does sustainability mean in jewelry and why should we care?” then GIA’s (Gemological Institute of America) recent Knowledge Session, where experts offer a trove of knowledge
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The International Gemological Institute’s (IGI) Hong Kong laboratory recently certified the largest chemical vapor deposition (CVD) laboratory-grown diamond received to date. This accomplishment arrives three months aft
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