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India’s polished diamond exports may fall by as much as 35 per cent this monetary yr, the ratings company Crisil, to $14bn to $15bn. Jewellers are offering fresh designs and collections in line with highly anticipated festivities such as Chinese New Year and Valentine’s Day. Retail sales within the US rose 3.8 per cent during the vacation season in 2023 amid continued inflation and excessive rates of interest, in accordance with latest government knowledge. The jewelry business continues to thrive with cutting-edge technological innovations and advancements in jewelry manufacturing gear and craftsmanship. INTERVIEW – Vicenzaoro, celebrating its 70th anniversary, sets key trends for… When you be part of the IGS group, you get trusted diamond & gemstone information whenever you want it.

• Island jewellery remains to be very a lot primal because of the shortage of communication with exterior cultures.
• Here it plans to double business over its 2019 baseline when it did $700 million in sales.
• The latest improve in on-line commentary across the already low and declining worth of lab-created diamonds is, I believe, an indication of this important market movement beginning to happen.
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