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IDEX Online
idexonline. com > Memo

Pricing the Priceless

9+ hour, 41+ min ago  (673+ words) Putting a price on some of the world's most valuable fancy color diamonds is a tricky business. "You could probably count on one hand, maybe two hands, those people that are members of the trade of fancy color diamonds that…...

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IDEX Online
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De Beers: Consumers Spend More, Spend Differently

3+ day, 16+ hour ago  (318+ words) (IDEX Online) - Average purchase prices for natural diamond jewelry increased by 25% between 2023 and 2025, says De Beers, as the dominance of bridal slipped and people found new milestones to mark with a diamond. Consumers paid $4, 063 per piece, on average last year,…...

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IDEX Online
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Fraud Alert on Emeralds Treated After Testing

3+ day, 17+ hour ago  (231+ words) (IDEX Online) - Emerald buyers are being warned about gems that have had their clarity enhanced AFTER they were laboratory tested. Swiss Gemmological Institute (SSEF) warned yesterday (15 June) that it had seen a growing number of cases in which emeralds were…...

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IDEX Online
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Charges Dropped in PNB Fraud Case, Modi Still Prime Accused

4+ day, 17+ hour ago  (286+ words) (IDEX Online) - Corruption charges against bank staff in the $1. 85 billion PNB fraud have been dropped, after the Central Bureau of Investigation conceded there was no evidence to support them." " But Nirav Modi, the fugitive diamantaire currently being held in a…...

IDEX Online
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"Two Matildas" Live Sale Raises Over $17m

4+ day, 16+ hour ago  (269+ words) (IDEX Online) - Lots from a vast family-owned jewelry collection - including many Faberge, Cartier and Tiffany items - raised $17. 3 million at the live section of a Christie's New York auction. Ninety-four lots from The Stream Family Collection were sold on 10 June. A…...

IDEX Online
idexonline. com > Memo

One Day, Two Closures

1+ week, 1+ day ago  (648+ words) One day, two diamond mine closures. News that Petra was suspending operations at its Finsch mine, in South Africa, and that Storm Mountain Diamonds was doing likewise at Kao, in Lesotho, broke on the same day, Friday 29 May. Petra's suspension…...

IDEX Online
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Tiffany & Co Re-opens Stores after $6m Fine

1+ week, 1+ day ago  (229+ words) (IDEX Online) - Tiffany & Co has been allowed to re-open three stores in Indonesia, after paying a $6. 1 million fine for alleged import violations. They were closed in February by customs authorities pending checks on whether the company had paid levies on…...

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IDEX Online
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Russia Insists on "Synthetic" Label for Lab Growns

1+ week, 2+ day ago  (272+ words) (IDEX Online) - The Russian government has announced new rules requiring lab growns to be labelled as "synthetic" so that consumers don't mistake them for natural stones. It does not list "lab grown" or any variant with "lab" or "laboratory" as…...

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IDEX Online
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Two Blues Each Fetch Over $8m

1+ week, 2+ day ago  (246+ words) (IDEX Online) - Two blue diamonds each sold for over $8 million yesterday (9 June) at Christie's New York, highlighting the importance of color over size. The 31. 62carat Azure Blue, the largest fancy blue diamond ever offered at auction, went for $8, 371, 000, or $262, 500 per carat....

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IDEX Online
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Ruby and Diamond Necklace Sells for 20 Times Estimate

1+ week, 3+ day ago  (183+ words) (IDEX Online) - A diamond necklace featuring a 5. 02-carat Burmese ruby sold for $2, 178, 000 - more than 20 times its pre-sale low estimate at Bonhams New York yesterday (8 June). The auction house said there was "intense competition" for the piece, which had been expected…...

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