Newest Diamond Jewellery News

Indian jeweler, Kalyan Jewellers, launched a new jewelry assortment referred to as ‘Nimah’ on Saturday. The collection pays homage to the wealthy heritage of temple-style motifs and iconic imagery of Lord Ram. Gold and silver costs rallied on Thursday after the US Federal Reserve maintained that it would minimize rates of interest thrice in 2024. The weakening of the dollar and prospects of increased liquidity coupled with decrease rates of interest sparked the rally, mentioned specialists. Limelight Lab Grown Diamonds acquired a US$1 million strategic investment to increase brand presence in India, driven by constructive customer response and vital gross sales progress.

• The Middle East will remain more or less fixed at 9%, whereas Europe’s and Japan’s market share shall be halved and turn into lower than 4% for Japan, and less than 3% for the biggest individual European international locations, Italy and the UK.
• GettyComing off three years of flat to negative income growth, Pandora jewelry turned the corner in 2021.
• Ms Usher mentioned resin had gone up by 12%, bracelet and necklace chains now cost 12% extra and box supplies had jumped 6%.
• The most up-to-date instance of newness was the launch in mid-February of a Marvel Super Hero assortment, that includes 11 items together with bracelet, ring and charms.
• GJEPC Chairman Vipul Shah anticipates further improvement, citing heightened pageant demand and expects FY24 exports to surpass the earlier financial year.