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News
Swiss Watch Exports Rise 9.6%, Led by US Surge
14+ hour, 40+ min ago (231+ words) (IDEX Online) - Swiss watch exports increased by 9.6% in July to CHF 2.6 billion (USD 3.3 billion), driven by a 26.5% surge in shipments to the United States as exporters and retailers brought forward deliveries ahead of a new tariff regime. The US introduced…...
Chow Sang Sang Expects First-Half Profits to More Than Double
2+ day, 13+ hour ago (169+ words) (IDEX Online) - Chow Sang Sang, the Hong Kong-based jewelry retailer, says it expects to report profit more than doubling in the first half of 2026 when it releases its full interim results on August 26. The company said it sold more jewelry…...
India Approves Landmark Tax Break to Boost Rough Trade
3+ day, 17+ hour ago (223+ words) (IDEX Online) - India's parliament has passed a 15-year income tax exemption for foreign companies selling rough diamonds through its Special Notified Zones (SNZs). The move is designed to transform India from the world's leading diamond cutting and polishing center into…...
Ronaldo's Bride Wears Queen of Kalahari Collection
5+ day, 9+ hour ago (194+ words) (IDEX Online) - Spanish-Argentine model and TV personality Georgina Rodríguez wed Portuguese football superstar Cristiano Ronaldo last week, wearing gems from a six-piece high-jewelry suite that was cut from a single 342-carat rough diamond. Chopard acquired the Queen of Kalahari, a…...
Swiss Lab Expands Spray-On DNA Tech to Diamonds
5+ day, 16+ hour ago (214+ words) (IDEX Online) - A Swiss gem-lab company is expanding its spray-on DNA-based technology, currently used on emeralds, to polished melee diamonds. Provenance Proof, an independent subsidiary of Gubelin Gem Lab, says it has begun using synthetic-DNA nanoparticles to mark polished melee…...
Jewelry Murder: Killer's Wife Jailed for Conspiracy
6+ day, 12+ hour ago (232+ words) (IDEX Online) - The wife of a man jailed in October 2025 for the murder of a US jeweler has herself been sentenced, for "planning and concealing" the crime. Amanda Ileana Hernandez, 34, of Lincoln Park, Michigan, pleaded no contest in July 2026 and…...
Russia Curbs Open Rough Market, Introduces 8% Export Duty on Diamonds
1+ week, 24+ min ago (245+ words) (IDEX Online) - Russia is replacing its largely commercial rough-diamond sales model with a regulated group of approved cutters that will effectively avoid a new 8% export duty on rough and partially processed diamonds. The move ties access to cheap stones to…...
NDC: 80% of Marketing Spend to Target Consumers
1+ week, 5+ day ago (176+ words) (IDEX Online) - The Natural Diamond Council (NDC) will redirect at least 80% of its future advertising investment to consumer-facing campaigns, according to CEO Amber Pepper. She was speaking last week at a trade meeting in Mumbai, organized by the Gem and…...
AI Drives China's 65% Surge in Lab Grown Exports
1+ week, 6+ day ago (301+ words) (IDEX Online) - China's lab-grown diamond exports jumped 65.3% in the first half of 2026, driven in part by rising overseas demand for synthetic stones used to cool high-performance AI chips, official trade data show. The value of lab-grown diamond exports cleared through…...
Finsch to Close as Small Stone Prices Collapse
2+ week, 23+ hour ago (308+ words) (IDEX Online) - Petra Diamonds is to close its Finsch mine, in South Africa, blaming a collapse in demand for smaller rough. The decision follows the failure of a business-rescue process to find a viable way to restart mining. Creditors approved…...