RAPAPORT. Belgium’s polished-diamond exports fell 6% year on year to $527 million in February, the Antwerp World Diamond Centre (AWDC) reported last week. However, rough trading surged, with imports rising 28% to $877 million and exports increasing 20% to $862 million.
Belgium Trade.
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Diamond Standard has launched an initial $25 million offering of new diamond coins, which can be traded on the market as a regulated commodity, similarly to gold.The company will purchase 50,000 natural, round brilliant diamonds through the Diamond Standard Exchange, which will be set into.
Members of the jewelry industry are confident that US sanctions on Burmese gems will punish leaders of the Asian country’s military coup without damaging the trade.The Myanmar army seized control of the country on February 1. On February 11, US President Joe Biden’s administration banned US.
The World Jewellery Confederation (CIBJO) has launched a new website to inform the jewelry trade and consumers of the proper terminology for describing lab-grown and natural diamonds.The website called “What Is a Diamond?” refers to diamonds as “a mineral consisting essentially of carbon.