The western Indian state of Gujarat has been playing a crucial role in the world’s diamond trade since two decades. Eight of the ten diamonds found in the world have been cut and polished here and exported to markets, primarily like the US. Last year the industry was able to generate almost $12 billion. (more…)
Archive for May, 2009
SURAT, India — The Global Capital of the Diamond-Polishing Trade is Losing its Luster
Friday, May 29th, 2009GordonsJewelers Releases 10 Best Gifts of the Season List
Friday, May 22nd, 2009Gordon Jewelers has come up with ten best gifts of the season. The items are all available online with details and they would be delivered to your homes before the holiday season on purchase. (more…)
Money Management in US in Wake of Recession
Friday, May 15th, 2009Year 2008 will always be reminisced as a year of downfall of economy all across the world. With major companies, incurring huge loses and innumerable small and mediocre firms putting their shutter down, people are left in doldrums and are just cruising along unsure of what future holds for them. Of all the economies the worst affected is United States of America. (more…)
478-carat Diamond Goes for $18.4 Million
Friday, May 8th, 2009A 478 carat diamond was recovered from the Letseng le Terai mine in the African kingdom of Lesotho. This diamond has been named the “Leseli la Letseng” meaning the light of Letseng. This diamond was sent to Antwerp, Belgium for analysis and was determined to be of premium quality, outstanding color and clarity. It was established to be the 20th largest rough diamond recovered so far. (more…)
Private Diamond Dealer Chips away at Prices
Friday, May 1st, 2009Fred Koss is the owner of FK Diamonds. He is a private broker and his main business deals with clients who are going to get engaged for he specializes in engagement rings. He sells loose diamonds and customizes them for individual buyers. This way he is able to provide his clients with the stone of their choice at a comparatively lower price. The diamonds are of excellent quality and are certified by the Gemological Institute of America or sometimes other such institutes. (more…)