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Market Comment: August 21, 2025

Tariffs causing ongoing uncertainty ahead of Aug. 27, when duty on Indian goods set to rise from 25% to 50%.

Swiss Watch Exports Pick Up Amid US Tariff Uncertainty

Total shipments for July rise 7% year on year.

Angola’s State-Owned Diamond Miner Funds New University Campus

Endiama invests over $69 million to build the facility, located in Lunda Norte.

Chow Sang Sang Expects Profit Surge 

Higher price of gold and reduction of store network contributed to first half’s estimated jump.

Podcast: How AI Helps You Sell Jewelry 

Industry consultant Megan Crabtree shares her marketing secrets.

Sarine to Acquire Minority Stake in Kitov.ai

The Israeli company will buy 33% at an initial cash investment of $4.1 million.

Dubai Police Thwart Theft of $25M Pink Diamond

Foiled plot ends with three suspects in custody and the gem recovered within hours.

Michael Hill Names New CEO 

Jonathan Waecker will succeed interim chief Andrew Lowe.

Berkshire Hathaway Retail Sales Rise in Second Quarter

Revenue from segment, which includes jewelers Ben Bridge and Helzberg Diamonds, up 6% year on year.

Summer Spending Boosts July US Retail Sales

Revenue up 0.5% from previous month at $726.3 billion.

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