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Diamond News Archives

Helzberg Launches Own-Brand Lab-Grown Engagement Rings

Category: News Archives
Created: 03 February 2021
Hits: 486
February 03, 21 by John Jeffay
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(IDEX Online) - US jeweler Helzberg is expanding its own-brand offering, with a new range of a dozen lab-grown diamond engagement rings.

It's been selling other brands of bridal and other lab-grown jewelry since 2017.

But it has now partnered with Jenny Packham, a favorite designer of the British Royal Family, who has created a dozen platinum rings with colorless lab-grown diamonds.

Helzberg says it is the "first colorless lab-grown collection in the industry.

Items range from a 1/3-ctw wedding band at $699.99 to an engagement ring with an oval 1-ct center stone plus a halo (2-ctw) for $5,999 (pictured).

Helzberg Diamonds has 170 stores in the US and is a subsidiary of Berkshire Hathaway....

Read more from our friends at IDEX

Indian Jeweler sets Dazzling Record

Category: News Archives
Created: 03 February 2021
Hits: 445
February 03, 21 by John Jeffay
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(IDEX Online) - A young Indian jeweler has smashed the Guinness World Record for the most diamonds set in one ring - a dazzling 12,638.

Harshit Bansal, 25, took the title from another Indian jeweler, Kotti Srikanth, whose 7,801-diamond ring was officially recognized in September 2020.

Harshit, founder of Renani Jewels in Meerut, said he was inspired to set a new record while studying jewelry design in Surat, in 2018.

The ring, which goes by two names - The Marigold and The Ring of Prosperity - has a circular band with an ornate eight-layered floral design.

The total weight of natural diamonds is 38.08 carats. The entire creation weighs just over 165 grams (5.8 oz) - a little heavy for day-to-day wear.

Pictures courtesy Guinness World Records...

Read more from our friends at IDEX

U.S. Mint Still Rationing Silver Coins Amid ‘Exceptional’ Demand

Category: News Archives
Created: 02 February 2021
Hits: 482
Diamond Buyers Club
The Reddit-fueled run-up in silver prices might be stalling, but the U.S. Mint said it is still rationing its sales of silver coins because of “continued exceptional market demand,” as well as limited supplies and manufacturing capacity. The Mint is also allocating gold and platinum coin sales to authorized purchasers, it said in a statement Tuesday.
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Read more from our friends at Gold & Silver

IDEX Polished Diamond Price Index Hits Year-on-Year High

Category: News Archives
Created: 02 February 2021
Hits: 474
February 02, 21 by IDEX Online
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Year-on-year diamond prices for January 2021 bounced 1.5 per cent, breaking through the x-axis for the first time since April 2019. They'd been hovering just below zero since October 2020 and last month came exactly in line with prices for the previous year. They were badly hit by the pandemic in March and April, when they were 4.8 per cent down, but have rising in fits and starts ever since.

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IDEX Online subscribers please click here [1]to read the full report...

References

  1. ^here (www.idexonline.com)

Read more from our friends at IDEX

Citi’s Tom Fitzpatrick Sees Potential for the Slver Metal to Challenge Historical Highs: CNBC PRO

Category: News Archives
Created: 02 February 2021
Hits: 924
Diamond Buyers Club
Citi reveals its playbook on silver as the Reddit rally fizzles...
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Read more from our friends at Gold & Silver

  1. Silver Crisis Shortage Is Real Risk, Prices To Double, Jeff Clark Drops Three Bold Calls
  2. Dubai Rough Tender Prices are Highest Since Pandemic
  3. Rapper has $24m Pink Diamond Embedded in his Forehead
  4. Debswana 2020 Exports Down 30 per cent

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