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Note to readers about the coming week
Assuming all went well, I am currently in Singapore, where I am getting ready to moderate this year’s World Diamond Congress. Given the trip and time difference, it is possible that posting may become more sporadic over the next few days. But I’ll try my best.
Also,The Jewelry Wire is very close to 150 premium members. Premium supporters get access to all Jewelry Wire content, and (if you choose) a place in The Jewelry Wire WhatsApp group and a free e-book of my first novel. Member number 150 will get some kind of special prize, which I haven’t come up with yet, but it’ll be special, believe me.
Thanks, and I’ll be checking soon. – Rob
Top news
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Natural diamond jewelry has pretty good June (The Jewelry Wire)
- U.S. jewelry biz had a strong first half, Tenoris says (TJW)
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De Beers makes steep price cuts at sight, report says (TJW)
- Sightholders generally pleased (TJW)
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Natural Diamond Council prepping “hallmark” (Financial Times)
- NDC gets ads taken down in India (TJW)
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Natural diamonds likely to be exempt from most future tariffs (TJW)
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Central banks still betting on gold (Kitco)
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Rosland Capital, which hawked precious metals on TV, is liquidating (TJW)
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Investors flee gold ETFs (Kitco)
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India’s silver import curb is creating shortages (Reuters)
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India’s diamond exports are down, but at home, they remain popular (Economic Times)
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British police are investigating Vashi Dominguez, famed jeweler whose company collapsed: report (TJW)
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Vietnam police charge PNJ lab head removed GIA inscriptions (TJW)
- Company says smuggled diamonds never entered its retail network (Tuoi Tre news)
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Timex purchases 100% of Daniel Wellington (TJW)
Commentary
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Lab-grown diamond wholesale price list shows complex market (Edahn Golan)
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Peter Smith: “There’s never been a better time to create a diamond brand than now” (National Jeweler)
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Tom Moses has a few regrets (TJW)
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Avi Krawitz: the “problem with perfect” diamonds (GJEPC)
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Leading diamond-producing countries and their prospects (Rough-Polished)
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High jewelry outperforming the rest of luxury market (Financial Times)
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David Sherwood of Daniel’s Jewelers is puzzled by a customer complaint (LinkedIn)
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Gemstone color descriptions are becoming “increasingly subjective” (Financial Times)
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It’s time for a second quartz revolution (WatchPro)
- Richemont’s sale of Baume & Mercier shows manufacturers “ignoring mid-range market” (Bilanz; translation)
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Wearing a fake watch is “unnerving” (ABlogtoWatch)
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The “divorce ring” becomes a trend (BBC)
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How much gold is really in a luxury solid gold watch? (Forbes)
Audio/video
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Jewelry ad of the week: APM Monaco (TJW)
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The Diamond Dudes, episode four: De Beers’ price cuts, diamond production, issues with lab-grown, and Taylor Swift. (YouTube) (Apple podcasts, Spotify, Amazon)
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Why lab-grown and natural can never “play nice” (Paul Zimnisky podcast)
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Jennifer Fisher calls a $20 jar of salt her “secret customer acquisition weapon” (The Foundr Podcast)
