News Archive

Diamonds in Brief

The holidays are behind us. While the industry as a whole did seemingly ok with total jewelry sales increasing by 7%, the trend was definitely toward certain product categories. Finished jewelry did better than loose…

Gem Rough Scams

This seems logical enough since most finished rubies and sapphires are less than one carat in size. But that little fact does not stop the ethically challenged from singing the praises of gem quality corundum…

Gem Money Scheme Exposed

In a story we first reported in the May 2006 GMN (Fraud in the Gem and Jewelry Industry), an investigation was pending on a California company. When we first broke the story, AMX Global Funding…

Largest Tsavorite Found

This tsavorite was exhibited in Tucson at the gem show. Weighing 325.13 carats, it is reported to be the largest tsavorite ever cut. According to Michael Couch & Associates, the stone was found in the…

Colored Stone Market

Preliminary results suggest that the bulk of holiday sales are last minute again this season. Sales of luxury products are proving strongest in the entertainment categories. However, jewelry sales are expected to be slightly improved…