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Consumers Favor Jewelry Featuring Birthstones, Survey Finds 

Despite price spike, 50% of participants prefer gold, regardless of its color.
Aerial view of Petra Diamonds' Finsch mine image

Lower-Quality Diamonds Dent Petra Revenue

Sales fall 13% to $41.6 million in third quarter.
Rough diamonds from Lucapa Diamond Company's Lulo mine image

High-Value Lulo Mine Up for Grabs as Lucapa Enters Administration

Company undergoing “urgent assessment” of assets and operations.
Blue Belle necklace and Marie-Thérèse Pink Diamond at Christie's image

393ct. Sapphire and Marie Antoinette-Related Pink Diamond Top Christie’s NY 

Two lead items expected to fetch up to $17 million combined.

India Bought Heaps of Rough – and Then the Tariffs Hit 

Shipments into the country spiked in March and April as sentiment improved. Manufacturers might be regretting it now. 
35.01-carat Graff diamond ring at Sotheby's image

Colored Diamonds to Steal Spotlight at Sotheby’s New York

Fancy-pink diamond estimated at up to $2 million, while blue has $1.8 million upper price.

Market Comment: May 22, 2025

Industry preparing for Las Vegas shows amid unprecedented challenges from tariffs.
Assorted loose diamonds image

NY Dealer Accused of Stealing Millions in Diamonds from Indian Supplier 

Edward St. Mary III is charged with one count of wire fraud, carrying a maximum sentence of 20 years in prison.
Brown-pink diamond ring image

Fancy-Colored Diamond Ring to Star at Sotheby’s London 

Piece carries an estimate of up to $268,000.
Watches of Switzerland storefront image

US Consumers Dismiss Tariffs, Send Watches of Switzerland Revenue Soaring 

Sales in America up 14% for full year.

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