On an Upward Trend
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Saturday,January 16 2021 [ Issue 3 January/ 2021 ]
On an Upward Trend
Things are definitely looking up for the Indian gems and jewellery industry. Exports has registered a growth of 6. 33 per cent to USD 2.49 billion during December 2020 as compared to USD 2.35 billion in the corresponding month of 2019.

If the similar trend continues, the losses incurred over several months since the pandemic will further narrow to 20-25 per cent.

Cut and polished diamond exports in December 2020 saw a jump by 38.47 percent to $1.74 billion. This is certainly good news - the Americans are showing interest in diamond jewellery that is of lasting value. As the democrats are taking over the government, jewellers are expecting another fresh round of stimulus package, which is good news for the industry.

Highlights
The new online course “Coloured Gem Professional: The Basics” is addressed towards interested persons all over the world, sharing the knowledge, experience and passion that the House of Gübelin holds for colo
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The Diamonds Do Good® (DDG) board today unanimously approved ten new members to join their board of directors with veteran Executive Committee member Rebecca Foerster taking on the role of President. Anna Martin, Senior V
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Lucapa Diamond Company Limited notes the announcement by the Lesotho Prime Minister, Right Honourable Majoro, that due to a surge in COVID-19 cases the Lesotho Government has imposed a 14-day nation-wide lockdown commencing m
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After the success of the first edition of India International Jewellery Show (IIJS) Virtual in October 2020, the Gem and Jewellery Export Promotion Council inaugurated the second edition of IIJS Virtual 2.0 powered by GIA in
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As the year 2020 culminated, we began the New Year on a clean slate. With a fast growing and vast industry, learning never ceases. On that note, IGI conducted a successful 2 days’ workshop on cut grading for the employe
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I hope this email finds you well! The GIA Cultured Pearl Classification Report provides retailers and consumers convenient access to detailed information based on the GIA 7 Pearl Value FactorsTM– size, shape, color, lus
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Everledger, an independent technology company that enables traceability and provenance to high value goods, has partnered with Rare Carat, America's #1 source of unbiased diamond advice for over $200 million of diamond sales
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Australia-headquartered diamond miner Lucapa Diamond Company said its first diamond sale in 2021 achieved $5.6 million at $1,198 per carat, the highest dollar per carat price ever achieved by Mothae at sale. The company noted
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In conjunction with the closing of the transaction, LVMH has announced several leadership appointments at Tiffany. Anthony Ledru, previously Executive Vice President, Global Commercial Activities at Louis Vuitton and formerly
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