Trade shows can both reflect and boost the market. Often, they serve as a forum for the prevailing trends to play out over the course of a few days. Sometimes they kickstart sentiment because buyers have been waiting until the fair to place orders.
The loose-diamond area at the recent JCK Las Vegas shows leaned more toward the reflection role. The diamond categories that have been strong in recent months — notably long fancies and 2-carat and larger rounds — sold well. The more standard goods that used to be the bedrock of the US market were harder…
The world’s largest polished manufacturer has adopted a sales model that mushroomed in popularity during the market downturn.
US president sent letters to 14 countries, noting a start date of August 1 for duties.
Deposit is third of six kimberlites in the area, thought to contain more than 40 million tonnes of ore bearing rough stones.
Andrew Rickard, president of the Jewelers Board of Trade, stresses the importance of checking customers’ credentials.
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