IDL debuts diamond color certificate

Dubai, United Arab Emirates—International Diamond Laboratories (IDL) unveiled today the world's first diamond Color Certificate and the IDL Color Meter at the India International Jewellery Show (IIJS) in Mumbai, India...

Full Story: www.nationaljewelernetwork.com/njn/index.jsp

Rapaport presents futures proposal at DDC

New York—The trading floor of the New York Diamond Dealers Club (DDC) was packed yesterday afternoon, as Martin Rapaport briefed the trade on the state of the diamond industry and his plan to develop a diamond futures exchange...

Full Story: www.nationaljewelernetwork.com/njn/index.jsp

World's largest diamond claims get mixed response

JOHANNESBURG, South Africa -- A man who claimed to be a shareholder in a mining company said Tuesday the firm had unearthed a diamond twice the size of the world's largest -- a claim that set off excitement and skepticism. Industry experts said the report still needed to be verified...

Full Story: www.nationaljewelernetwork.com/njn/index.jsp

Zale, Tiffany outshine analysts' predictions

Tiffany & Co. and Zale Corp. reported profit that exceeded analysts' estimates because of increased demand for diamonds from Fifth Avenue to mall kiosks. The jewelers target opposite ends of the market for wedding rings, gold necklaces and cuff links. Both beat analysts' sales estimates for the quarter and the companies forecast higher full-year profit...

Full Story: http://www.chron.com/disp/story.mpl/business/5097292.html

Big stones booming with speculative pricing for some large better stones

Global trading activity slow amid persistent concern over financial failures and liquidity problems in U.S. markets. Big stones booming with speculative pricing for some large better stones. One carat and 3-5ct. better quality (VS+) goods selling well in Israel...

Full Story: http://www.diamonds.net/news/NewsItem.aspx?ArticleID=18791