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Jewellery Monthly

Your go-to source for the latest trends, news and insights in the UK jewellery trade. Jewellery Monthly is No.1 for Jewellery News.

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16/08/2024

RJC Calls for Final Feedback on Laboratory Grown Materials Standard -

The Responsible Jewellery Council (RJC) has issued a final call for contributions and feedback to the draft Laboratory Grown Materials Standard (LGMS), with the deadline set for 25th August 2024. The standard aims to establish guidelines for responsible business practices standard for laboratory-gro...

15/08/2024

Nivoda Expands Gemstone Offering to Over 80,000 Stones -

Nivoda has announced a major expansion of its gemstone inventory, now featuring more than 80,000 gemstones across 25 varieties. The available gemstones include rubies, emeralds, sapphires, aquamarines, tourmalines, and tanzanites sourced from global suppliers. Ensuring Quality in a Non-Standardised....

13/08/2024

BHC Promotes Enforcement and Education Through HALO and Touchstone Awards -

The British Hallmarking Council (BHC) is continuing its efforts to enhance hallmarking awareness and enforcement across the UK jewellery sector through its initiatives, the HALO (Hallmarking Awareness and Learning Online) Award and the Touchstone Award. HALO Award: Encouraging Consumer Education Lau...

13/08/2024

SGL Introduces Verified Diamonds Marketplace -

UK-headquartered diamond certification and authentication laboratory Solitaire Gemmological Laboratories (SGL) has launched an online platform designed for retailers to purchase pre-certified diamonds. This new marketplace, accessible through the dedicated website www.SGLcertified.com, aims to res...

12/08/2024

Vicenzaoro September Unveils Key Jewellery Trends for 2024-25 and Beyond -

This year’s Vicenzaoro September promises to provide fresh new insights into the future of jewellery design and luxury consumption. Organised by the Italian Exhibition Group (IEG), this year's event runs from 6th to 10th September at the Vicenza Expo Centre. Two key presentations by Trendvision Je...

10/08/2024

Lab-Created Diamonds Linked to Major Money Laundering Operation in India -

India’s Enforcement Directorate (ED) is currently investigating a widespread money laundering scheme that exploits the trade of lab-created diamonds. This complex operation, involving several Indian and Hong Kong-based entities, centres around the overvaluation of synthetic diamonds, which are the...

09/08/2024

De Beers Cancels August Sight, Consolidates Sales Amid Industry Challenges -

De Beers has announced the cancellation of its scheduled August sight, opting instead to merge this trading session with the October sight. The decision comes as the diamond industry grapples with an oversupply and significant production cuts, particularly in India. Consolidated Sight Dates The merg...

08/08/2024

The Royal Mint Unveils Factory to Extract Gold from E-Waste -

The Royal Mint has launched a facility designed to extract gold from electronic waste, offering a more sustainable alternative to traditional mining. Located in south Wales, the 3,700 square metre factory utilises a patented chemical process developed by Canadian clean tech company Excir to recover....

08/08/2024

Diamond Prices See Sharp Decline in July -

Diamond prices dropped in July, driven by slow retail sales and an oversupply in the Indian market. The seasonal summer slowdown also contributed to reduced sales figures. Significant Price Reductions According to Rapaport's RapNet Diamond Index (RAPI™), the index for 1-carat round, D to H, IF to ...

08/08/2024

David M Robinson Unveils Renovated Luxe Showroom in Altrincham -

Independent jeweller David M Robinson (DMR) has opened its newly renovated showroom on Railway Street in Altrincham, Manchester. The expanded showroom, featuring an in-store workshop, offers bespoke services in a high-end setting. Enhanced Customer Experience with Bespoke Services The showroom has...

06/08/2024

Monica Vinader Introduces Fully Traceable Aquamarine Collection -

Monica Vinade has introduced its first fully traceable aquamarine collection, Odyssey, in collaboration with Zimbaqua, Africa's first gemstone mine managed exclusively by a women-only team. Advancements in Gemstone Traceability Previously, Monica Vinader's traceability efforts focused on metals such...

06/08/2024

NAJ Introduces New JET Management Qualification with Initial Discount Offer -

The National Association of Jewellers (NAJ) has announced a new qualification aimed at enhancing management and leadership skills within the jewellery industry. The JET Management and Leadership qualification, which will welcome its first cohort in Autumn 2024, is currently open for registration, wi...

05/08/2024

Martin’s Gems Launches Fine Jewellery Collection in Mayfair -

Martin Prinsloo, known for his expertise as a Master Gemstone Cutter, is set to introduce his new fine jewellery range, Martin’s Gems, in Mayfair, London. The collection launch is scheduled for Friday, 30 August at the Chesterfield Hotel. Focus on Gemstones The new collection is driven by Prinsloo...

02/08/2024

Georg Jensen Expands Moonlight Grapes Collection -

Georg Jensen has announced the expansion of its Moonlight Grapes jewellery collection with the introduction of new styles rooted in designs from the 1910s Historical Context and Design Inspiration The Moonlight Grapes collection draws its inspiration from the grape motif featured in Georg Jensen’s...

02/08/2024

Historic Abernethy Pearl Headlines Cairncross Collection Auction -

The Abernethy Pearl, a significant piece of Scottish jewellery history, is set to be the highlight of the upcoming Cairncross Collection auction at Edinburgh’s Lyon & Turnbull on August 21. The collection from Cairncross of Perth features a variety of items expected to draw interest from collector...

02/08/2024

Rio Tinto Diamond Unit Reports Significant Loss Amid Market Slowdown -

Rio Tinto's diamond division has reported a loss for the first half of 2024, driven by decreased production and a global downturn in diamond demand. Financial Performance Rio Tinto's diamond revenue fell by 40% year-on-year, totalling $149 million for the six months ending June 30. This decline led....

01/08/2024

Fluctuations in Fancy Color Diamond Prices: A Mixed Q2 2024 Report -

Latest research from the Fancy Color Research Foundation sees overall colored diamond prices dipping by 0.7%, with individual colors delivering a varied performance. Pink diamonds had gains, with 1-carat Fancy Intense Pinks increasing by 1.5%, and both 1-carat and 10-carat Fancy Vivid Pinks rising b...

01/08/2024

Signet Jewelers' Emphasising Lower-Priced Fashion and Online Sales -

Signet Jewelers is adjusting its strategy towards lower-priced fashion jewellery and increasing its online presence. This move, as outlined by CEO Gina Drosos, aims to tap into the growing trend of self-purchases and the demand for more affordable jewellery options. Expanding Market Share in Afforda...

31/07/2024

Olympian Loses Wedding Ring in Seine During Paris Olympics Opening Ceremony -

Italian high jumper Gianmarco Tamberi made headlines during the Paris Olympics opening ceremony when he lost his wedding ring in the River Seine. As a flag bearer for Italy, Tamberi was overcome by the moment’s grandeur when the ring slipped off his finger and disappeared into the river. Incident ...

31/07/2024

India's Diamond Market Struggles Amid Price Drops and Global Economic Shifts -

The diamond industry in India is experiencing significant turmoil, marked by a dramatic fall in the prices of both lab-grown and natural diamonds. The value of lab-grown diamonds has plummeted from $300 per carat in July 2022 to just $78 per carat, with natural diamonds also seeing a 25-30% price....

31/07/2024

Gübelin Academy to Offer Coloured Gemstone Courses in Manhattan -

Switzerland-based Gübelin Academy is bringing its gemstone education programs to New York City this autumn. This expansion will provide both enthusiasts and industry professionals in the United States with detailed knowledge of colored gemstones through its structured courses. Modular Program Overv...

30/07/2024

Birmingham Assay Office Cuts Valuation Time to 10 Days -

The Birmingham Assay Office has introduced a new 10 working day lead time for its jewellery and watch valuations service, aiming to address the industry’s need for quicker valuations. Commitment to Accuracy Despite the reduced lead time, the Birmingham Assay Office states that the accuracy and exp...

30/07/2024

UK Jewellery Industry Welcomes New Government Appointments -

The UK Jewellery, Silverware and Allied Crafts industry has welcomed the appointment of Lisa Nandy MP as the new Secretary of State for Culture, Media and Sport and Sir Chris Bryant MP as the new Minister of State for the Department for Digital, Culture, Media and Sport (DCMS). Industry Engagement.....

30/07/2024

Why this basic maths model could be key to understanding how to make your business stand out -

There’s an Icelandic proverb that says “mediocrity is the enemy of greatness”, and in these days of increased competition, a very difficult past couple of years and a potential recession, settling for mediocrity is likely to mean that many businesses don’t survive. In this article, were goin...

29/07/2024

Dimexon Transitions Coimbatore Diamond Manufacturing Site to Solar Power -

Indian diamond manufacturer Dimexon has announced a significant shift at its Coimbatore diamond manufacturing site in southern India, transitioning to solar power. This change is expected to reduce the facility's reliance on the national grid by 75%, equating to an annual saving of approximately 1,4...

26/07/2024

Shine 2024: New Talent Showcase at the Goldsmiths’ Centre -

The Goldsmiths Centre has announced Shine 2024, this year’s new jewellery and silversmithing talent showcase in jewellery and silversmithing, currently scheduled to begin on 18th September 2024. The event will feature sixteen emerging UK designer-makers at the Goldsmiths’ Centre near Farringdon,...

26/07/2024

Labourer Finds 19.22-Carat Diamond Worth $95,000 in Madhya Pradesh -

In an extraordinary turn of events, Indian labourer Raju Gound has unearthed a 19.22-carat diamond in a mine in the central state of Madhya Pradesh. The gem, found in the renowned diamond district of Panna, is anticipated to fetch approximately 8 million rupees ($95,000) at an upcoming government au...

25/07/2024

LVMH Reports Robust First Half of 2024 Despite Challenging Environment -

LVMH Moët Hennessy Louis Vuitton has announced revenue of €41.7 billion for the first half of 2024. The company achieved 2% organic growth during this period, despite facing economic and geopolitical uncertainties. Notably, Europe and the United States saw steady growth, with Japan experiencing d...

25/07/2024

InterGem to Mark 40th Anniversary at 2025 Trade Show -

The German jewellery trade show, InterGem, will celebrate its 40th anniversary at its 2025 edition. Scheduled for 11th to 13th April in Idar-Oberstein, the event will feature a range of gemstones, jewellery, innovative designs, and technological advancements. An Important Event for the Industry Inte...

24/07/2024

Prime Minister Announces Comprehensive Skills Training Overhaul -

Prime Minister Keir Starmer has introduced a reform in the UK’s skills training framework aimed at aligning domestic training more closely with industry needs, promoting a home-grown workforce, reducing the requirement for overseas hires. The key players in this plan include the newly establishe...

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