latest industry news

Friday 28th June 2013

Jewelry Maintains Investment Allure

(Rapaport Tradewire) Capgemini and RBC Wealth Management released its annual World Wealth Report for the year 2013 and found that the world’s high-net-worth-individuals (HNWIs), or those with $1 million or more in investable assets reached a new high of 12 million in 2012. HNWIs ...
Monday 3rd June 2013

Petra Sells Blue Diamond for $17M

(Rapaport News) Petra Diamonds sold an exceptional 25.50 carat blue diamond that was recovered from its Cullinan mine in South Africa in April for $16,910,180 or $663,144 per carat. Bidding was highly competitive due to the incredible rarity of a blue stone of such size and quality. This result ...
Monday 3rd June 2013

$11 Million Briolette Breaks Record at Christie’s Hong Kong Sale

(IDEX Online News) - A D-color IF diamond briolette of 75.36 carats sold for a world record price of $11,151,245 ($148,000 per carat) at Christie’s Hong Kong Sale of Magnificent Jewels on May 28. The price comfortably hit the upper range of its pre-sale estimate of $8.5-$12.5 million. The...
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