Responsible business practices ‘no longer optional’, says WDC President Feriel Zerouki

The president of the World Diamond Council takes time out of her busy schedule to tell Rough&Polished readers about the critical work of the WDC. Zerouki, the first female present of the body, which includes all the important industry organizations among...

14 october 2024

James Campbell: Botswana Diamonds optimistic as it enters uncharted territory of using AI for mineral exploration

London-listed Botswana Diamonds has expressed optimism about the company’s use of artificial intelligence (AI) to scan the exploration database in Botswana to look for new mineralised deposits. Company managing director James Campbell told Rough...

07 october 2024

Artur Salyakayev: For me, happiness is freedom to make my ideas happen and create valuable products

Artur Salyakayev is an art entrepreneur, founder of the International Jewelry Academy (IJA) and the INCRUA jewelry company. He has initiated and developed successful projects in jewelry industry and services sector. He is also a leading expert...

30 september 2024

Paul Zimnisky: China key for sustained recovery in demand for natural diamonds, prices

The curtailing of upstream and midstream natural diamond production in the past months is starting to have an effect on prices, according to the New-York-based independent diamond and jewellery analyst and consultant, Paul Zimnisky. He told Rough & Polished’s...

23 september 2024

Vladimir Pilyushin: The jewelry market is not stand-alone and moves by the same laws as other markets

Vladimir Pilyushin is editor-in-chief of Russian Jeweler, a leading magazine about the jewelry industry in Russia. He told Rough&Polished about his view on the evolution of the jewelry industry in Russia and touched upon some of its problems.

16 september 2024

Diamond, topaz and garnet topped the rating of precious stones among Russian jewelry buyers

12 june 2024

The analytics and data department of the 585*GOLDEN jewelry store network tracked the statistics of sales of jewelry with precious stones in Russia and compiled a rating of the most popular stones.

Diamonds accounted for 33.82% of sales of studded jewelry. The second place went to models with topaz at 24.73%. At the same time, the most popular topazes among customers are azure in light shades of Swiss and Sky and more saturated blue in a shade of London.

Garnet closed the top 3 most popular stones, with stones of wine shade accounting for 14.11% of sales. The data of the jewelry network, represented in 80 regions and 420 cities of Russia, reflect the territorial characteristics of the demand for jewelry with stones.

For example, diamond jewelry is especially popular in Krasnodar, Rostov-on-Don, Kazan, Vladivostok and Makhachkala – models with these precious inserts account for 40% to 44% of the sales structure, which is significantly higher than the national average. Jewelry with topaz is more often chosen by residents of Ryazan, Omsk, Irkutsk, Kemerovo and Novokuznetsk – products with these stones account for 28% to 31% of sales.

Earrings, rings, necklaces, bracelets and garnet seals are especially popular in Naberezhnye Chelny, Tomsk and Orenburg – they are chosen by 17% - 19% of jewelry connoisseurs. Products with emeralds showed the highest percentage of demand (7% - 8% in the sales structure, which is 1.5% - 2.5% higher than the national average) in Barnaul, Perm and Nizhny Novgorod.

Vladivostok has become the undisputed leader in jewelry with sapphires which is bought 5% more often than the national average, models with these stones account for 9% of sales.

Alex Shishlo, Editor in Chief of the European Bureau, Rough&Polished