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Diamond News Archives

The $35,000 Haribo Engagement Ring

Category: News Archives
Created: 14 February 2021
Hits: 559
February 14, 21 by John Jeffay
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(IDEX Online) - A British jeweler has created a sapphire and ruby engagement ring that looks just like Haribo's gummi candy. 

It's based on the edible friendship ring, a kids' favorite, although at $35,000 it's about 1.25m times the price.

London-based Taylor and Hart launched the ring in time for Valentine's Day. They said the statement piece "harks back to an age of fun, play and being home in time for tea before the street lights come on".

The ring features a 2.70-carat cabochon yellow sapphire a band of 224 custom cut rubies (total weight 3.60-carat) and 40 yellow diamonds set in an 18-carat rose gold band.

Company spokeswoman Kate Earlam-Charnley, said: "This ring is one of the most ambitious we've ever created and definitely one of the most original."

Pic shows the engagement ring with (inset) a Haribo friendship ring...

Read more from our friends at IDEX

U.S. Stock Market Capitalization vs GDP Hits Record 200%. What it Means for Gold

Category: News Archives
Created: 13 February 2021
Hits: 407
Diamond Buyers Club
For the first time ever the total value of the U.S. equity market is worth twice as much as the real economy. A true financial bubble. Previous highs of the equity to GDP ratio were followed by significant gains in the price of gold. This time around I expect the gold price to rise as well.
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Read more from our friends at Gold & Silver

A Market Crash AND High Inflation?

Category: News Archives
Created: 12 February 2021
Hits: 473
Diamond Buyers Club
Imagine for a moment that the price of all your investments — your stocks, your retirement portfolio, your house — suddenly drop in half this year. Now imagine that on top of that inflation suddenly picks up, making your cost of living skyrocket.That would be pretty awful, right?Well, this might not be just some theoretical thought exercise.
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Read more from our friends at Gold & Silver

Fed Eyes Trouble in Commercial Real Estate, Corporate Debt in 2021 Stress Tests

Category: News Archives
Created: 12 February 2021
Hits: 505
Diamond Buyers Club
The U.S. Federal Reserve on Friday unveiled the hypothetical recession it plans to test large banks against in its 2021 stress tests, which includes "substantial stress" in the commercial real estate and corporate debt markets.
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Read more from our friends at Gold & Silver

23-ct Fancy Yellow Diamond Ring Fetches $325,000

Category: News Archives
Created: 11 February 2021
Hits: 557
February 11, 21 by John Jeffay
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(IDEX Online) - A 23.58-ct fancy yellow diamond, set in a platinum and gold ring fetched $325,000 in an online auction by Christie's New York.

The price was above the high estimate of $300,000 in the Christie's Jewels Online that closed yesterday and achieved a total of $2,703,750.

The top lot featured a cut-cornered rectangular modified brilliant-cut diamond natural color yellow diamond, of SI1 clarity, with a pair of triangular-cut white diamonds with a combined weight of 2.50 to 2.75 carats.

Christie's said 98 per cent sold by lot and 139 per cent hammer above low estimate. The sale attracted a global audience with bidders from 39 countries and 30 per cent first-time registrants.

Other highlights included a round diamond ring of 4.18-cts that sold for $81,250 and a 'snowflake' diamond medallion necklace by Graff that also achieved $81,250.

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Pic shows the yellow diamond ring...

Read more from our friends at IDEX

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  4. GIA Uncovers Three Fake Diamonds with Fraudulent Inscriptions

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