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Rare diamond: Rare 'Bleu Royal' diamond sets new record at Christie's auction, sells for nearly $44 Mn

In a historic event at Christie's auction in Geneva, the largest internally flawless fancy vivid blue diamond ever put up for auction, known as 'Bleu Royal', was sold for a staggering $43.8 million.

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Natural History Museums of Los Angeles County Announce Fall Programming

Natural History Museums of Los Angeles County Announce Fall Programming
loscerritosnews.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from loscerritosnews.net Daily Mail and Mail on Sunday newspapers.

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Passion for bridal gold will continue - Times of India

Passion for bridal gold will continue - Times of India
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Busting myths about diamonds - Times of India


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A diamond may be a chunk of coal that did well under pressure but it's a thing of beauty, and one cannot describe its magnificence in words. Despite being a solid form of carbon that has become the star of the gem and jewellery industry, there are various myths that surround it and we thought we'll bust them for all the diamond lovers.
Bad investment option
Firstly, diamonds may be the first choice of all jewellery lovers, but it is always assumed that they are not a good investment option. Vastupal Ranka, Director, Rare Jewels from the House of Ranka Jewellers wants people to stop assuming that diamonds are a bad investment option. "It is an assumption that unlike gold, diamonds are not a lucrative investment. The reality is different. For example, Diamond solitaires bought 5-7 years ago have appreciated 40-50% of the price. Every ornament made with diamonds is backed by a certificate of guarantee and authenticity by the jeweller," claims Ranka.

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Budget 2021: Gems, jewellery industry seeks cut in import duty, GST


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Budget 2021: Gems, jewellery industry seeks cut in import duty, GST
The gem and jewellery industry has a lot expectation from the Modi government in the upcoming Union Budget 2021-22. The industry wants the Centre to reduce customs duty on gold, withdraw of tax collected at source (TCS), cut in import duty on polished precious and semi-precious gemstones.
According to Ashish Pethe, the chairman of All India Gem and Jewellery Domestic Council (GJC), the government should assess the adverse impact of higher import duty on the jewellery trade and suggested to cut the customs duty to 4 per cent from the current 12.5 per cent. 

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Gold to glitter more in 2021! Yellow metal to break records - Predictions


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Gold to glitter more in 2021! Yellow metal to break records - Predictions
Buying gold is always considered a trustworthy investment. In 2020, the gold price reached an all-time high of Rs 56,191 per 10 grams. Analysts predict that the precious metal is likely to glitter more in 2021. They believe that outlook for the yellow metal is strong amid signs of economic revival post-Covid induced lockdowns and restrictions.
2020 began with gold at Rs 39,100 per 10 gram. The domestic price hit a low of Rs 38,400 in March from where it steadily reached Rs 56,191.
According to Vastupal Ranka, director of Rare Jewels from the House of Ranka Jewellers, the pandemic led to an increase in the price of the yellow metal and the stimulus triggered a sharp rise in investment buying in the domestic market. He said the outlook for gold remains strong, mainly due to fresh stimulus expectations. The price of gold in 2021 is likely to breach the level of Rs 63,000 per 10 gram.

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Best jewellery trends of 2020 - Times of India


Best jewellery trends of 2020
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By -
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This year has been a roller coaster ride for a lot of us. While it confined us to our respective homes, it exposed us to a virus that refuses to leave the planet. As we look forward to 2021 with a new hope, we also look back with all humility at the things 2020 taught us in the terms of life, sustainability and subtle fashion. The year saw everything meaningful take the centrestage and the same happened in the world of fashion - minimalism took over, even in the world of jewellery. Here's a look back at the trends that dominated the jewellery industry in 2020.

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