Diamond Blog by MID House of Diamonds

FOCUS OF THE DIAMOND TRADE SHIFTS TO MUMBAI, FOR THE 35TH EDITION OF THE INDIA INTERNATIONAL JEWELLERY SHOW

India’s diamond and jewelry industries, and well as its diamond jewelry market will come under the spotlight from August 9 to 13 at IIJS 2018.

NEW FTC GUIDELINES MUDDY THE WATERS OVER SYNTHETIC DIAMONDS DEFINITION

IN its new guidelines, FTC confused one rule that appeared to have already been settled internationally.

BRIDAL JEWELRY REMAINS THE SAFEST HAVEN IN A SAFE-HAVEN MARKET

The association of the diamond with love and marriage was a master-stroke on a number of levels.

WORLD CUP FINAL INSPIRES FOOTBALL-ASSOCIATED DIAMONDS

Russian mining company Alrosa announced the results of a competition to choose the best “football-related” names for two rough diamonds.

WOMEN ARE DIAMONDS’ NEW FRONTIER, NOW AS SELF-PURCHASERS

Today,the women who were mainly viewed as primary recipients of gifted diamond jewelry are being recognized as a promising market.

MASSIVE FINDS AND OFFERS SIGNAL RISING FORTUNES FOR ROUGH DIAMOND MARKET

A series of large diamond discoveries and sales reflect what has been a steep increase in demand for rough diamonds.

DIAMONDS ON THE SILVER SCREEN

It’s not only on Hollywood’s red carpet, diamonds find their way into movies, sometimes as props, but frequently as the subject of the plot.

FIRST QUARTER DATA INDICATES 7 PERCENT GROWTH FOR WORLD DIAMOND JEWELRY MARKET

In North America, which in 2017 accounted for fully 53 percent of global jewelry, sales rose by 5 percent.

LET’S SING A SONG OF DIAMONDS

While all lists are subjectively compiled, the following five songs referencing diamonds are among the best ever composed.

BLOCKCHAIN, THE BARELY-UNDERSTOOD TECHNOLOGY THAT IS CHANGING THE WORLD AND THE DIAMOND BUSINESS

It’s a technology that many believe will change the world as we know it, although few properly understand what it is exactly.

BURGEONING CHINESE MARKET LIKELY TO SET TONE FOR JUNE HONG KONG FAIR

With the lights of Las Vegas fading gently into the background, the world’s jewelry industry sets its sights on Asia, and more specifically to the June Hong Kong Jewellery & Gem Fair, which will take place June 21 to 24 June 2018 at the Hong Kong Convention & Exhibition Centre (HKCEC).

TRANSFORMING THE ORDINARY INTO THE EXTRAORDINARY

In 2007, Britain’s Damien Hurst stunned the art world when he sold A human skull encrusted with diamonds to an investment group for $100 million. Diamonds have long been used to elevate the ordinary into the extraordinary.

STRONG U.S. ECONOMY SEEMS TO BUOY RESULTS AT JCK LAS VEGAS 2018

JCK Las Vegas, the premier trade show in the world’s largest diamond jewelry market, wrapped its 2018 edition at the Mandalay Bay convention center on June 4 on a generally optimistic note.

DE BEERS’ FORAY INTO SYNTHETIC DIAMOND JEWELRY SEEMS A GREAT DEAL MORE THAN JUST A NEW BUSINESS VENTURE

Not only does the company aim to protect the position of the natural diamond, but the way it is positioning its new jewelry products is likely to cut deeply into the profits of the other synthetic diamond producers.

HISTORIC FANCY BLUE SELLS FOR $6.7 MILLION AT SOTHEBY’S, BUT TWO WHITE STONES STEAL THE SHOW

A 6.16-carat pear-shaped fancy colored diamond called the Farnese Blue Diamond was the most celebrated item at the Sotheby’s Magnificent Jewels and Noble Jewels sale in Geneva on May 15, 2018, but it was not the most valuable of the items on offer.

GDPR: THE BIGGEST-EVER SHAKEUP OF INTERNET DATA PRIVACY

if you are business holding onto personal information in a digitized format, as most businesses today are, and you are located and/or interact with individuals living in the European Union, you may be impacted.

VIVA LAS VEGAS, THE LARGEST SHOW IN WORLD’S MOST IMPORTANT MARKET

The world’s diamond and jewelry trade heads back one more time to Las Vegas’ golden Mandalay Bay resort this June, as next year the United States’ premier jewelry trade show, JCK Las Vegas, will be relocating next to the Sands Expo and Convention Center

BRITISH DIAMOND JEWELRY TRADE PINS HOPE ON ‘MEGHAN EFFECT’

The renewed fascination with diamond jewelry, referred to by some as the “Meghan Effect” was good news for the British gem and jewelry trade, which had experienced a tough year in 2016, although also stabilization toward the end of 2017.

QUEBEC’S FIRST DIAMOND MINER SEES SPIKE IN PRICES AND SALES

While most of Canada’s known diamond deposits are located in the vast Northwest Territories, the Renard mine is the only functioning facility in the mainly French-speaking province of QuÃ©bec, in the northeast of the country.

BLUE DIAMOND PRICE PER CARAT RECORD BROKEN TWICE, OVER TWO DAYS

Fancy colored diamonds are hugging the spotlight once again during this year’s spring’s auction season, with two records already being set over a two-day period in New York. To be more precise, a record was broken one day and then rebroken the next.

LENGTHENING OF TAX-FREE EXAMINATION PERIOD FOR DIAMOND IMPORTS EXPECTED TO INCREASE VOLUME AND RANGE OF GOODS SOLD IN ISRAEL

A bottleneck that has limited the volume of polished diamonds available for trading in Israel has been eased, by the government’s extending from three days to 30 days the tax-free inspection period allowed for imported diamonds.

ONCE AGAIN BOTSWANA MINE OFFERS UP EXCEPTIONALLY LARGE DIAMOND

Botswana’s most abundant producer of spectacularly large diamonds has done it again. The Karowe mine in the north-central part of the country has just offered up a 327-carat white, gem-quality diamond.

MID RETURNS TO CARAT+ FOR SECOND EDITION OF DIAMOND SHOW

Buoyed by the enthusiastic response to its first edition in 2017, the CARAT+ show returns to Antwerp for another three-day run, from May 6 to through May 8. MID House of Diamonds, which exhibited at the trade fair’s premiere showing, will be present once again.

MID TO EXHIBIT AT TWO KEY SHOWS IN MAY, IN ANTWERP AND KOBE

With summer around the corner, and just weeks away from the mega-jewelry trade fairs in Las Vegas and Hong Kong, two other important shows will take place in May, in Antwerp Belgium, and Kobe, Japan. MID House of Diamonds will have a prominent presence at both events.

MID IS THE TOP DIAMOND EXPORTER FOR THIRD YEAR RUNNING

The Diamond Controller at Israel’s Ministry of Economy has named MID House of Diamonds the country’s leading listed polished diamond exporter in 2017, making it the third consecutive year that the company has headed the table.

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