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Rob Bates – Yes, There Really is a “New Normal”

By Erika W. In his annual address at JCK where he discussed "The New Normal," Martin Rapaport's advice to retail jewelers was to “sell diamonds to rich people.” In a world of diamond-encrusted iPhones and iPads, a $3.8 million dollar diamond purse, and a $43 million diamond ring made entirely out of diamon...

Rob Bates – Yes, There Really is a “New Normal” CLICK HERE TO VIEW POST

Jewelers of America Industry Scholarships Available

By Erika W. Jewelers of America is offering scholarships to employees of JA Member stores who are at least 18 years old. Scholarships fund up to 80% of education costs from providers including GIA, Diamond Council of America (DCA), Jewelers Education Foundation of American Gem Society (JEF), and Gemmological As...

Jewelers of America Industry Scholarships Available CLICK HERE TO VIEW POST

Most Expensive Jewelers in the United States?

By Erika W. According to Bundle.com, the most expensive jeweler in the U.S. is Harry Winston in New York City. Results were based on average receipt amounts pulled from millions of transactions from July 2010 to June 2011. Harry Winston tops the list with an average sales receipt of $8,388. It's no surprise ...

Most Expensive Jewelers in the United States? CLICK HERE TO VIEW POST

The Knot Survey – Average Price for an Engagement Ring? $5,200

By Erika W. The average price for an engagement ring is $5,200 according to a survey by XO Group Inc., owners of TheKnot.com and WeddingChannel.com. The company's Engagement & Jewelry Study, a survey of 10,000 U.S. brides and 1,000 U.S. grooms, polled those who were married or engaged in the last year. Rounds a...

The Knot Survey – Average Price for an Engagement Ring? $5,200 CLICK HERE TO VIEW POST

553 Carat Rough Diamond Recovered by Gem Diamonds

By Erika W. Gem Diamonds Ltd. has recovered the 15th largest colorless diamond in the world. The 553 carat rough D color Type II diamond was unearthed at the company's Letseng Mine in Lesotho. The massive diamond has not yet been named and is undergoing further assessment in Antwerp. The Letseng Mine is kn...

553 Carat Rough Diamond Recovered by Gem Diamonds CLICK HERE TO VIEW POST

Gold Price Hits New High Near $1,900

By Erika W. The price of gold edged closer to $1,900 an ounce on August 22 with a record spot price of $1,894. In a July interview with Bloomberg, John Taylor, founder of FX Concepts LLC, predicted gold prices will reach $1,900 an ounce by October.   Read more about rising gold prices. P.M. Kitco Me...

Gold Price Hits New High Near $1,900 CLICK HERE TO VIEW POST

Diamond and Jewelry News Roundup – August 17, 2011

By Erika W. Some of the latest stories in diamond and jewelry news... BBC News Video: Making diamonds with a blowtorch DIY Diamonds Natural diamonds are formed in the intense pressure and heat of the Earth's mantle at depths of over 100km. Jem Stansfield attempts to grow diamond crystals, using th...

Diamond and Jewelry News Roundup – August 17, 2011 CLICK HERE TO VIEW POST

ABC News Video: Following Lead of Celebrities, Ordinary Women Sell Break-up Bling

By Erika Winters Breaking up is hard enough, but what to do with the jewels? If you're Jennifer Lopez or Ellen Barkin, it's Harry Winston or Christie's to the rescue, but what about the rest of us? Rather than pawning or trying ebay, many folks are gravitating to websites designed to sell "break-up bling." Watch ...

ABC News Video: Following Lead of Celebrities, Ordinary Women Sell Break-up Bling CLICK HERE TO VIEW POST

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