Data compiled by Retail Edge Consultants, a retail administration and POS software program firm, jewellery sales throughout products and services increased 20 per cent in November in comparison with the same period final yr. GIA held its first Graduate Diamonds Diploma programme in Amman, an important shopper jewellery market within the Middle East. The JNA Awards and the Responsible Jewellery Council are joining forces to promote best practices within the international jewellery and gemstone trade. Based on the success of last year’s ‘Fly to Buy’ marketing campaign, the Israel Diamond Exchange right now introduced that the second ‘Fly to Buy’ occasion shall be held from September via December 2019.
India’s gems & jewellery sellers can take reduction in the strong festive and wedding ceremony season coming forward. Officials stated that there might be no double checks on India’s export of cut and polished diamonds as the nation uses diamonds coming via Antwerp and other geographies, and not directly from Russia. G-7 will ban all imports of tough diamonds directly from Russia from January 1. “If financial circumstances worsen, driving elevated demand for defensive property, gold prices could rise, providing a possible upside past all past predictions,” he added.