Yoram Dvash: Industry unity, producer leadership and marketing investment key to natural diamond's future

The natural diamond industry is navigating a period of significant transition, but there are increasing signs that the foundations for a stronger and more positive future are being built, according to the World Federation of Diamond Bourses (WFDB)...

29 june 2026

AWDC: First fully traceable artisanal diamonds from DRC sold on the international market in Antwerp

In a historic milestone for the diamond industry, fully traceable, artisanal diamonds from the Democratic Republic of Congo have been sold on the international market for the very first time in Antwerp. Below, Ine Tassignon, AWDC spokesperson, provides...

22 june 2026

Natural diamonds most desired luxury jewellery, Gen Z spending double baby boomers, reveals De Beers report

Natural diamonds remain the most desired jewellery item among US consumers, with Millennials and Gen Z driving demand value and spending, according to De Beers Group’s The Diamond Report, which draws on the biannual Diamond Acquisition Study of 18,500...

15 june 2026

Edahn Golan: India’s lab-grown diamond exports surpass natural diamonds by volume, yet value gap widens

India’s diamond industry has reached a historic turning point. In March and April 2026, the volume of lab‑grown diamond exports overtook that of natural diamonds, with lab‑grown stones accounting for 51% and 50.4% of total export volume respectively...

01 june 2026

Dr M’zée Fula-Ngenge: Kimberley Process failing Africa

The Kimberley Process (KP) is failing Africa, and the world's definition of a “conflict diamond” is a moral and legal absurdity, according to the African Diamond Council (ADC) chairperson M’zée Fula-Ngenge. The following exclusive...

18 may 2026

Christie’s emerald-cut diamond sells for $2.1mln on an online-auction

03 july 2020
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    Image credit: Christie's

Christie's says that the near-flawless, VVS1-clarity emerald-cut stone sold for much more than a high estimate of $2mln. The auction attracted 31 bids during the two-week sale and ended on 30 June.
The 28.86-carat type IIa D-color diamond sold for $2.1mln, a world record high price for an online-only auction. The diamond's estimate in the Jewels Online sale was $1m to $2m.
The auction sold 100 per cent by value and 93 per cent by lot, with 64 per cent of lots fetching above their high estimates. Christie's next online jewellery sale will run from July 3 to 13 featuring three pieces by designer Anna Hu.
Rahul Kadakia, Christie's International Head of Jewelry said: "The sale of this exceptional stone established the record for a jewel sold in an online-only auction, demonstrating greater client confidence in Christie's digital ability and online sale platform."

Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough & Polished