Diamond news and archive

Rare diamond sells for 52 million pounds in Hong Kong auction

Sotheby’s in Hong Kong sold an extremely rare pink diamond for 453m Hong Kong dollars, approximately 52m pounds. The diamond, which has a link to Queen Elizabeth II, fetched more than double its estimate. Called the Williamson Pink Star, it is one of the world’s purest, most saturated pink diamonds at 11.15 carats. By standards, it is the...

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Fashion

Serena Williams jewellery line set to launch globally following US deal

Tennis superstar Serena Williams is launching her eponymous fine jewellery collection, Serena Williams Jewelry in Zales in the US. The Signet-owned diamond jeweller will become the sole retailer of Serena Williams Jewelry in the US from August 24. The collection includes more than 60 sparkling rings, necklaces, earrings, and bracelets set in 10K...

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Business

Diamonds are a millennial's best friend

Diamonds are making a comeback in America as more millennials fall for crystals long associated with "eternal" love. US diamond demand hit 40 billion USD in 2016, up 4.4 percent from the prior year and comprising half of global diamond revenues for the first time since the 1990s, according to global diamond mining and retail giant De Beers. The...

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Fashion

Rare oval diamond expected to fetch 35 million US dollars in Hong Kong sale

A 10.10 carat vivid blue diamond is expected to set the record for the most expensive piece of jewellery sold at auction in Asia despite an ongoing growth slowdown in China's economy, Sotheby's said Friday. The "De Beers Millennium Jewel 4" is expected to fetch between 30 million US dollars and 35 million US dollars at the April 5 sale in Hong...