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Diamond News Archives

Fashion Model is Face of De Beers Sustainability Campaign

Category: News Archives
Created: 19 November 2020
Hits: 456
November 19, 20 by John Jeffay
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(IDEX Online) - Fashion model Indira Scott is fronting a De Beers' campaign highlighting sustainability in the diamond sector.

Five leading US designers  - Jade Trau, Jennie Kwon, Julez Bryant, Sara Weinstock and Zoe Chicco - each produced a pendant featuring rough diamonds from Botswana, inspired by the country's people, wildlife and landscape after a visit last year.

Their pieces, part of the ReSet Collective campaign, have been modelled by Ms Scott, 23, (pictured) and will be sold online by Sotheby's next month (10 to 17 December). 

Indira Scott said: "This collective of independent female designers has been so inspiring to me. Each of their stunning designs tells its own unique story about the important positive impact that diamonds help create for the people and wildlife of Botswana."

Estimates range from $20,000 to $25,000, and the full hammer price will be split between Stepping Stones International in Botswana and the NAACP Legal Defense Fund in the US....

Read more from our friends at IDEX

Gold Is a Hedge Against Bad Government Decisions

Category: News Archives
Created: 18 November 2020
Hits: 515
Diamond Buyers Club
Gold has significantly outperformed stocks this century, gaining about 555% versus 79% for the MSCI All-Country World Index of stocks and 146% for the S&P 500 Index.(1) This is a direct result of significantly looser financial conditions, and no constraints on monetary and fiscal policy. From a financial perspective, the global economy is in a much worse place than 20 years ago, and there is no evidence that things are going to improve.
...

Read more from our friends at Gold & Silver

Cancel Thanksgiving, Stay Home, Wear a Mask, State & City Leaders Impose Targeted Restrictions

Category: News Archives
Created: 18 November 2020
Hits: 520
Diamond Buyers Club
Without a cohesive federal plan, state and local officials are imposing stay-at-home orders, curfews and other measures to curb the coronavirus.
...

Read more from our friends at Gold & Silver

The $1.5m Functioning Face Mask, with 3,608 Diamonds

Category: News Archives
Created: 18 November 2020
Hits: 614
November 18, 20 by John Jeffay
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(IDEX Online) - A team of jewelers have completed the world's most expensive fully-functioning face mask, set with 210 carats of black and white diamonds.

Yvel, the luxury Israeli brand, was commissioned by an anonymous Los Angeles-based businessman and art collector, who was keen to help keep the production center open during difficult times.

The COVID-19 mask is made of 250 grams of pure 18k gold, set with 3,608 natural diamonds and costs $1.5m.

Despite its weight, the work of art is actually designed to be worn and features a slot for a disposable N-99 mask.  

Twenty-five of the company's top artisans and diamond setters were involved in the manufacture of the mask, which was designed by Yvel co-founder Isaac Levy....

He said: "We cannot thank the buyer enough for his support over the last decades and especially now during the pandemic. We can't wait to officially present him with the mask."

Read more from our friends at IDEX

Gold Listless as Investors Weigh Vaccine Cheer Against Rising Cases

Category: News Archives
Created: 18 November 2020
Hits: 440
Diamond Buyers Club
Gold "is likely to derive strength from a weaker dollar in the near term until more news on the vaccine front is revealed".
...

Read more from our friends at Gold & Silver

  1. Watches and Wonders Cancels 2021 Show
  2. Fed Chair Powell Doubled Down Again Today on His Remarks That the Economy as We Know It Is Over
  3. New Study Finds The Fed Put Is Very Real And Dates Back To The Mid 90s
  4. Dame Vera's White Cliffs of Dover Bracelet to be Sold

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