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Diamonds Industry News

@Isdiam

The IDI team provides diamond and jewelry industry news and information.

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US holiday spending is set to hit record highs, with average shoppers spending $902 per person – and 49% planning to buy clothing and accessories, including jewelry bit.ly/3AJ3RwS #diamondnews #jewelrysales #jewellerysales #diamondjewelry


September jewelry sales are down despite higher spending per purchase, with declines in finished jewelry and fluctuating natural diamond trends, says diamond analyst @edahn bit.ly/4ejksFa #diamondnews #diamonds #jewelrysales #diamondmarket #diamondsales


A magnificent 17.97-carat Burmese ruby ring, estimated to sell for up to $5.5 million, will be a highlight at The Geneva Jewels Auction: Three on November 11 bit.ly/3NQnLsG #diamondnews #diamonds #diamondauction #diamondsale #JewelsAuction #ruby


De Beers is planning to further reduce the number of sightholders directly purchasing rough diamonds from the company, starting in January 2026 >> bit.ly/3BPKXo6 #diamondnews #debeers #diamondsales #diamonds #diamondmarket #roughdiamonds #naturaldiamonds


Wishing all our friends from the Jewish community celebrating Sukkot around the world a holiday filled with health, joyful news, and sparkling blessings 🍋🌿🏕️ #diamondnews #sukkot #sukkot2024 #jewishholidays #israelidiamonds #happysukkot


Anglo American CEO Duncan Wanblad confirms no plans to reverse the sale of its 85% stake in De Beers, stating the diamond miner no longer aligns with their portfolio. bit.ly/3YixJJq #diamondnews #diamonds #diamondmarket #debeers #angloamerican #miningnews


The Dubai International Diamond Week will take place from November 11-15, featuring the Dubai Diamond Conference, the JGT Jewelry Exhibition, and the Kimberley Process Plenary Meeting bit.ly/3NzPI8d #diamondnews #diamonds #diamondindustry #diamondmarket #diamondweek


Wishing you a sparkling Rosh Hashanah filled with health, joy and prosperity. May this new year be as brilliant as the finest diamonds! ✨🍯🍎 #diamondnews #israelidiamonds #RoshHashana #shanatova

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Jewelry sales in the U.S. remained steady in August as consumers purchased more items but spent less per piece, raising some concerns for the industry. Nevertheless, there are positive signs, according to diamond analyst @edahn bit.ly/4ebWvk6 #diamondnews #diamonds


Dubai's diamond trade saw a remarkable surge in the first half of 2024, highlighting the city's growing prominence in the global diamond industry. bit.ly/4fT6JqE #diamondnews #diamondtrade #polisheddiamonds #roughdiamonds #naturaldiamonds


India’s diamond industry is set for a boost following new measures in the July budget that allow direct diamond sales from foreign mining companies and reduce taxes on essential raw materials bit.ly/3LUPzLw #diamondnews #diamondsales #diamonds #diamondmarket


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