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Diamond News Archives

Crypto’s Rapid Rise Means Investors Need Gold, Top Miner Says

Category: News Archives
Created: 11 February 2021
Hits: 561
Diamond Buyers Club
he astonishing rise of cryptocurrencies, including red-hot Bitcoin, just handed one of the world’s leading gold miners one more reason to urge investors to buy the age-old haven that is bullion.“If you’re into cryptos, you want to consider having some gold,” Newcrest Mining Ltd. Chief Executive Officer Sandeep Biswas...
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Read more from our friends at Gold & Silver

The Ring is More Important than a "Yes"

Category: News Archives
Created: 11 February 2021
Hits: 469
February 11, 21 by John Jeffay
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(IDEX Online) - When it comes to a wedding proposal, it seems the engagement ring is actually more important than a "yes".

Just over half (51 per cent) of the 2,000 engaged Americans surveyed for De Beers said the ring was number one concern.

Bizarrely, only 17 per cent said their top priority was that their partner should accept the proposal.

Pictures of the proposal - during and afterward - were the most important part for 38 per cent, and for 36 per cent it was who else was there to see it.

Diamonds remain the most common gemstone for engagement rings, and princess is the most popular cut (44 per cent).

Despite the importance of the ring itself, only 38 per cent knew their partner's ring size ahead of time....

Read more from our friends at IDEX

Gold Scores a 4th Straight Gain: MW

Category: News Archives
Created: 10 February 2021
Hits: 471
Diamond Buyers Club
Gold prices found support from weakness in the U.S. dollar and expectations for another U.S. fiscal stimulus package, which also fed hopes for an economic recovery, boosting prices for metals used in industrial markets.
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Read more from our friends at Gold & Silver

GIA Uncovers Three Fake Diamonds with Fraudulent Inscriptions

Category: News Archives
Created: 10 February 2021
Hits: 489
February 10, 21 by John Jeffay
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(IDEX Online) - The GIA lab in Johannesburg has identified three cases of synthetic moissanite being submitted for grading with a fraudulent inscription.

It's a new development by unscrupulous dealers trying to pass off simulants as genuine diamonds.

The lab says most fakes are easily spotted, but in the first of three cases a colorless 1.02-ct round brilliant gem bore a GIA number corresponding to an E-color natural diamond of the same weight that had been graded in 2019. The inscription was not in a font used by the GIA.

The fraud was confirmed by subsequent spectroscopic and gemological analysis, according to the GIA's Quarterly Journal, Gems & Gemology.

After the GIS gave details of the first synthetic moissanite it found two further stones, also with fraudulent inscriptions. 

Pic shows the stone and its fraudulent inscription (partly redacted)...

Read more from our friends at IDEX

Bitcoin & Tesla: What Everybody Missed in Elon Musk's Announcement

Category: News Archives
Created: 09 February 2021
Hits: 508
Diamond Buyers Club
Tesla recently announced their $1.5 billion investment in Bitcoin - but there was something else they mentioned that slipped under the radar. Join Mike Maloney and Jeff Clark as they discuss this stunning event, and what it may mean for gold and silver investors.
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Read more from our friends at Gold & Silver

  1. Coronavirus Forces Closure of Gahcho Kue, Canada
  2. ECB’s Panetta Floats 3,000-Euro Limit on Digital Cash
  3. Silver Markets Continue to Grind Higher
  4. "Resilient" Industry Poised for 2021 Recovery, say Bain and AWDC

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