Valery Budny: There is no strategy and legislation in Russia enabling the full cycle processing of precious raw materials within the country

Valery Budny, Head of the Jewelry Russia program and CEO of the JUNWEX media holding, told Rough&Polished about the results of the meeting and pressing issues in the precious metals and precious stones (PMPS) and the jewelry sectors.

11 april 2024

Paul Zimnisky: Natural diamonds face the risk of eroding their appeal if constantly discounted

New York-based independent diamond and jewellery analyst and consultant Paul Zimnisky told Rough & Polished’s Mathew Nyaungwa in an exclusive interview that the industry should do away with discounts. He said the industry should treat natural diamonds...

01 april 2024

Edahn Golan: Lab-grown diamond prices to continue declining

In an exclusive interview with Rough&Polished's Mathew Nyaungwa, Edahn Golan, proprietor of the eponymous Edahn Golan Diamond Research and Data, predicted that the prices of lab-grown diamonds would continue to decline, especially at the retail and...

25 march 2024

ADPA’s Ellah Muchemwa: G7 restrictions to bring extra costs from diamond mining to retail

The African Diamond Producers Association (ADPA), which has openly registered its disdain for the G7’s rough diamond trade restrictions, is of the opinion that the move will bring extra costs on all stages, from mining to retail. ADPA executive...

18 march 2024

Eduard Gorodetsky: Currently we see high demand for synthetic diamonds for use in technology segment rather than in jewelry

Director General of the Advanced Synthetic Research Center Eduard Gorodetsky told Rough&Polished about the current situation at the company, new exclusive technologies in the synthesis and production of lab-grown crystals, as well as the Research Center’s...

11 march 2024

The Moscow Exchange to begin publishing investment diamond price index

28 december 2023

The Moscow Exchange will calculate and publish Russian investment diamond market price index on a weekly basis.

“The Moscow Exchange begins calculating and publishing new indicators: a composite diamond set index and an investment diamond index. Data for calculation will come from leading participants in the Russian diamond market. The Moscow Exchange diamond set index set in rubles and dollars and the Moscow Exchange investment diamond index set in rubles and dollars are to be calculated weekly,” the exchange said in a statement, as cited by the Prime news agency.

Diamond sets include stones weighing from 0.3 to 1.99 carats, colors from D to O, clarity from IF to I3, round and fancy cuts. To calculate investment diamond index, data will be collected on stones weighing from 2 to 9.99 carats, color from D to H, clarity from VVS1 to VS2, round and fancy cuts.

“The new price index will provide important information for all participants in the investment diamond market,” said Andrzej Arshavsky, Managing Director for Data Monetization at the Moscow Exchange. The new tool will also make it possible to analyze current economic trends and systematically increase the availability of the tool for a wide range of private investors.

Theodor Lisovoy, Editor in Chief of the European bureau, Rough&Polished