Sunday, June 17, 2012

How to know the price of sapphires

A very difficult question since it depends on the grades, colors and weight. The cheapest ones
Sapphire Carvingsare the simple processed sapphires since their processing add more value than the original sapphire value. Their price is in the range from USD 10-20 per piece.

The second scale corresponds to the cab sapphires, with few cuttings since their transparency is not enough. Their processing adds more value than their original value. Those can be found in blue and green. Their price tends to be non related to their size. Their price is around USD 10 per carat.


Sapphire Cabochons




Natural Star Sapphire
Star sapphires can be found in Thailand with black and golden colors. The blue ones are obtained after processing with titanium. Their prices are USD 10 per carat.


Orange Songea Sapphire Next we have the sapphires with multi-faces. The cheapest ones have lower size, additions to the material or are treated with berilum. Their prices ranges from USD 20 per carat and increase according to size and color. Those with more than 1 carat and treated with beryllium (to yield a green color) are priced at USD 75 per carat. Those with yellow and orange-red colors are priced from USD 100 to USD 120 per carat.

Sapphires trated with beryllium are the ones with the highest price increases over the last years.


Natural Blue Sapphire at GemSelect The Blue Sapphires that are treated with thermical procedures have prices that depend on their color and transparency. Those sapphires can range from USD 300 for clean pieces of 1 to 2 carats . Prices increase exponentially for sapphires with more than 2 carats. Some are priced at USD 400 per carat and the ones from Madagascar can achieve prices of USD 600 (without additions to the original material).

Rare Unheated Madagascar Sapphire
The finest sapphires without thermical treatement are rare and can be obtained from Madagascar (mine Diego Suarez). Some pieces with rounded shapes (that add much more value than other cuttings) can be priced at USD 965 and other pieces whitout thermical treatement  and in intense blue (with some green color), 6.33 carats and IF grade clarity can be priced at USD 5575.
It is unusual to find fine sapphires (without thermical treatement) at prices below USD 1000 per carat.

New Diamond Bourse for Banks, Brokers by Rapaport Group

By Chanyaporn Chanjaroen on June 06, 2012
The Rapaport Group plans to set up an online diamond exchange from October that’s open to banks, brokerages and other financial firms as well as industry members to benefit from increasing demand in China and India.
The exchange, to be called RapX, will offer real-time bid/ask prices and clearing services for institutional investors, Chairman Martin Rapaport said in interviews on the telephone and by e-mail. At present, about 7,200 industry members use Rapaport’s RapNet online exchange to trade, with about $6 billion worth of diamonds listed. There’s no estimate on the value of diamonds that’ll be available on RapX, he said.
Global rough-diamond demand may climb more than 6 percent a year in the decade to 2020, exceeding growth in supply, Bain & Co., a consulting firm in Boston, has forecast. China, the largest metals user, may overtake the U.S. to become the top market in 2015, according to the Antwerp World Diamond Center.
“Strong demand from top consumers in India and China in 2011 supported investment opportunities in this market,” said Sergey Filchenkov, a Moscow-based analyst at IFC Metropol.
Prices of so-called top-quality gems climbed 22 percent in 2011, the biggest advance since at least 2006, according to the RapNet Diamond Index, which calculates the average weekly price of the 25, best-quality 1-carat diamonds. The index declined 3.1 percent this year. A carat is a fifth of a gram. Spot gold rose 10 percent in 2011, rallying for the 11th straight year on increased demand, and is up 4.6 percent this year.

‘Consumption Story’

“The bottom line is the consumption story, especially in China,” said New York-based Rapaport, who introduced reports bearing his name in 1978, three years after becoming an apprentice diamond cleaver in Antwerp. “Diamonds are a store of value -- similar to gold.”
While the existing RapNet exchange that’s used by the industry is a so-called peer-to-peer network, where people trade directly with one another, the potential sellers and buyers on RapX won’t know each other, Rapaport said.
“The diamond world used to be a cozy market based on relationships,” said Claudio Ribeiro, chief executive at Carat Ventures, a Singapore-based diamond-investment company that uses the Rapaport index as part of its pricing model. “Now, the market has expanded beyond Antwerp and Israel.”
The U.S. accounted for about 38 percent of the global diamond market in 2011, China 11 percent and Japan and India 10 percent each, according to De Beers, which produces about 35 percent of the world’s rough diamonds.

Asia’s Millionaires

China, India and Singapore posted the biggest gains in millionaires last year as Asia countered a decline in wealth in western Europe and the U.S., according to Boston Consulting Group. Millionaire households in China rose 16 percent to 1.43 million, while those in Singapore climbed 14 percent to 188,000 and India saw a 21 percent increase to 162,000, the Boston-based firm said in a report on June 1. Millionaire households in the U.S. fell by 129,000 to 5.13 million.
Graff Diamonds Corp., the London-based jeweler, intends to open 11 stores in Asia over two years to capitalize on rising demand, Chief Executive Officer Francois Graff said on May 27, before the company shelved plans for a share sale in Hong Kong. Singapore Diamond Exchange Pte. Ltd. has partnered with IDEX Online to sell diamond portfolios at minimum prices of $250,000 from July, majority shareholder Alain Vandenborre said May 22.
Rye Brook, New York-based IndexIQ Advisors LLC applied to the U.S. Securities and Exchange Commission in March to list an exchange-traded fund backed by diamonds, according to a filing. The company, which runs exchange-traded products, didn’t specify on which exchange it wants to list the diamond fund.
Rio Tinto Group and BHP Billiton Ltd. (BHP) are seeking to sell their diamond assets. Rio said in March 27 it was considering selling the business as the mines in Canada, Australia and Zimbabwe no longer fit its strategy. BHP announced Nov. 29 that it’s studying the sale of some or all of its diamond unit.
Rapaport USA, Inc., based in Las Vegas, Nevada, owns the Rapaport - RapNet Diamond Trading Network.
To contact the reporter on this story: Chanyaporn Chanjaroen in Singapore at cchanjaroen@bloomberg.net
To contact the editor responsible for this story: James Poole at jpoole4@bloomberg.net

Wednesday, May 16, 2012

New Diamond Grading Report by GIA


GIA (Gemological Institute of America) announced today the addition of a new diamond grading report option to its existing slate of services. The new service, the GIA Diamond eReport delivers GIA grading results completely online.
 The GIA Diamond eReport is available for natural, D-to-Z color diamonds from 0.15 to 2.99 carats and delivers grading results completely online via Report Check, GIA’s secure web-based report database. This new digital-only report provides grading results in a format that is not only more environmentally responsible, but also meets the needs of an evolving marketplace where information must be accessed and communicated rapidly. Additionally, the paperless report format allows us to offer this grading service at a lower fee.
This service delivers the same impartial grading metrics described on GIA printed reports, but with the added feature of a detailed face-up image of the diamond captured during the grading process. This image and the diamond’s metrics are permanently stored in GIA’s global database, ensuring perpetual access to the diamond’s information and its identification.
 Key benefits of this service include:
· Savings of 10% compared to paper-based Dossier and Diamond Grading Report fees
· Instantly communicates quality, since only natural, untreated diamonds qualify for service
· Facilitates trading by allowing for easy sharing of report results and diamond image via email, online and mobile devices
· Provides instant access to report results from anywhere in the world via Report Check
· Increases efficiency by reducing paper storage and shipping costs
· Demonstrates environmental responsibility

“The GIA Diamond eReport marks GIA’s first entry into the digital-only report space, and we have plans underway to further expand such offerings,” said Thomas M. Moses, GIA senior vice president of laboratory and research. “Our goal is to continue to develop methods that allow us to deliver technical information to our clients rapidly and, in turn, help our clients pass that information on to their customers. At the same time, we remain steadfast in our commitment and investment in providing services of the highest quality to ensure on-going consumer confidence in gems.”

To view a GIA Diamond eReport sample, visit http://www.gia.edu/reportcheck/ next to Report Number enter 2141438194 and next to Carat Weight enter 1.01.
Source: DiamondNews 

Friday, May 11, 2012

Timetable for 2012 Jewelry Fairs


Celebrating its 25th anniversary, the JUNE HONG KONG JEWELLERY & GEM FAIR, one of the top three trade shows of its kind in Asia, will be taking place in Hong Kong Convention & Exhibition Centre from 21 to 24 June 2012.The June Fair offers your company the opportunity to do business with these buyers as well as promote your products to the world cost-effectively.
The world ’s number one fine jewellery event attracted over 3,400 exhibitors from 45 countries & regions in Treasures Hangzhou
Treasures Hangzhou is scheduled to be launched from 24 - 26 October 2012 at Hyatt Regency Hangzhou. The event will deliver to jewellery consumers, private collectors and high-end jewellery retailers in Hangzhou and neighbouring cities high quality jewellery from local and international jewellers. Offerings at the fair include jewellery set with rare diamonds and gemstones; lustrous pearls, bejewelled watches, antique and vintage jewellery, jadeite jewellery, exclusive one-offs and other jewellery collections with cutting-edge designs from esteemed jewellery companies from around the world.
2011 with over 130,000 square metres of exhibition space.

The 2012 edition of the China International Gold, Jewellery & Gem Fair – Shanghai (the Shanghai Fair) will be held from 9 - 12 November at the Shanghai World Expo Exhibition & Convention Center.

The Shanghai Fair has grown steadily since its launch in 2005. In 2011, the fair was held at the world-class Shanghai World Expo Exhibition & Convention Center for the first time, as part of a long-term development strategy. The 2011 edition attracted a record of over 410 exhibitors from 19 countries and regions and attracted 8,493 visitors in total. Organised by the same team of professionals behind the world’s Number One jewellery fair, the Shanghai Fair is poised to deliver the same excellent, multi-functional trading platform in Eastern China in 2012.
2012 marks a decade of sparkle for the China International Gold, Jewellery & Gem Fair – Shenzhen (UBM ’s Shenzhen Fair). Since opening its doors in 2003, the Shenzhen Fair has become the most important jewellery fair in Southern China, thanks to the rich and professional experience of fair organiser, the UBM Group, and the support of the China Gold Association. For the past 10 years and counting, gem and jewellery traders have relied on the Fair to provide them with an all-in-one platform to buy and sell merchandise, expand their networks and update themselves with the latest market intelligence.
To bring together high-quality, original designs and high value for the discerning trade customers who appreciate the finesse of fine jewellery, diamonds, gems and pearls, UBM India invites you to participate in the forthcoming Gem and Jewellery India International Exhibition 2012 (GJIIE). This 8 th edition of GJIIE is scheduled to be held from 23 – 26 February 2012 , at Chennai Trade Centre, Chennai. 
With UBM's proven experience in organizing world leading jewellery shows and the vast local domain knowledge of MJDMA, GJIIE 2012 is expected to reach newer heights, both in terms of local and international participation. UBM's global network of offices and vast databases will ensure good trade visitor numbers from India and overseas.
The  forth edition of the Hyderabad Jewellery , Pearl & Gem Fair will be held from 22 – 24 June 2012 at HITEX Exhibition Centre, Hyderabad, India. The fair is a perfect trading platform for launching and sourcing the newest jewellery collections from the worldwide jewellery industry. The fair is one key international trade fair in South India . Following its debut in 2008 the 3 rd edition of the HJF created the right business opportunities for the industry. The fair attracted 140 exhibitors and 4,000 trade visitors from all over the globe. 
The “Delhi Jewellery & Gem fair” like UBM’s other shows in India will be a pure B2B show to fill the vacuum in North India, much to the persuasion of the market that wanted UBM to make its move, Up North. The show will be for two days scheduled 8th- 9th September 2011 at the Pragaiti Maidan, New Delhi. The show will be extensively promoted through a huge visitor promotion campaign to reach out to the important markets like New Delhi, Rajasthan, Punjab, Haryana, Uttar Pradesh, West Bengal and its adjoining tier 2 and 3 cities. Meetings with jewellery trade associations, shop-to-shop visits with retailers, press conference etc. will be some of the prime modes to inform the Gem and jewellery Industry and spread awareness about the new launch and attract the retailers to the show.
The Mumbai Jewellery & Gem Fair will be a B2B jewellery trade event to take place in the pulsating and thriving city of Mumbai. The fair will have exhibitors of Diamonds, Pearls, Gemstones, Silver Jewellery, fine finished jewellery, Machinery & Equipment, Software and allied products, Packaging & display from all over India and the world.
The leading event in Japan which attracted 360 exhibitors from 18 countries and more than 15, 000 quality buyers from around the world.
Brought to life by goldsmith masters and experienced organizers with 26 years of success, ISTANBUL JEWELRY SHOW is the number one jewellery event in the wide region covering Middle & Near East, Russia, CIS Nations, Eastern Europe and the Northern Coast of Africa.

Future of the Panama Diamond Exchange

Does anyone know about the current status of the plans to set up a Diamond Exchange in Panama?.

New online diamond exchange – DIAMDAX is launched



The venture is created by a JV between DODAQ and the AWDC
By: Diamond World News Service

DIAMDAX, the Diamond Dealers Automated Exchange is a new global online exchange is meant for polished diamonds. It is the first to offer continuous, electronic auctions for buyers and sellers to trade individual polished diamond categories, based on real time, tradable spot prices. DIAMDAX™ is the result of a joint venture between DODAQ and the AWDC, the coordinating body and official representative of the Antwerp diamond sector and was officially launched at the hands of Sir Richard Branson.
Nishit Parikh, President of the AWDC: “DIAMDAX will truly revolutionize the way diamond trading is done and transform it into a modern, efficient and high-performance business. For Antwerp, setting up this first, global trading exchange is a crucial element in tackling the increased competition and consolidating its market share.”
The online exchange invites diamond traders and jewellers worldwide to buy and sell polished diamonds, online. Stones can be uploaded on the website to be bought of bid for. The buying and selling of diamonds will be processed fully automatically online. The platform was designed to deliver an innovative solution that will facilitate the trade and investment in diamonds using technology, in a global marketplace.
Ari Epstein, CEO of AWDC: “DIAMDAX™ is one of the projects we announced in Antwerp’s Diamond Masterplan, which aims to modernize the diamond industry and make it more transparent. The electronic diamond exchange will revolutionize the way polished diamonds are traded globally, resulting in a unified, Diamond Spot Price. The main benefit of the ‘Diamond Spot Price’ is greater transparency within the industry, which will enable new financing channels for the capital intensive diamond industry”.

New Hiring in Loose Diamonds

Monday, April 30, 2012

Sell-Buy Emeraldas and Mines of Emeraldas

If you are interested in purchasing South American Emeraldas or  Mines of Emeraldas, please follow this link: http://www.grippo.com/post/208722/COMPRO%20ESMERALDAS%20COLOMBIANAS.html

I am willing to assist you in case you may need help.


Monday, April 16, 2012

Evolution of Diamond Price Index since 2006

Diamond Price Index TM:
Year 2006:
Month: Index Value
1:134
2:134
3:134.7
4:137.8
5:141.1
6:142.2
7:139
8:139
9:144.7
10:150.3
11:154.2
12:156.5
Year 2007:
Month: Index Value
1:162.1
2:160
3:159.7
4:162.8
5:161.8
6:161.4
7:163.2
8:165.8
9:171.2
10:176.4
11:180.2
12:183.9
Year 2008:
Month: Index Value
1:188.5
2:188.5
3:185.5
4:193.4
5:197.5
6:209.4
7:209.4
8:212.7
9:212.7
10:210.2
11:210.1
12:213.7
Year 2009:
Month:Index Value
1:213.7
2:210.6
3:210.6
4:203.4
5:201.9
6:200.5
7:200.5
8:200.5
9:200.5
10:200.5
11:200
12:200.5
Year 2010:
Month:Index Value
1:203.3
2:206.2
3:206.2
4:206.2
5:211
6:213.9
7:213.9
8:213.9
9:213.3
10:213.7
11:215.4
12:213.7
Year 2011:
Month: Index Value
1:214.4
2:216.6
3:220.7
4:221.2
5:223.2
6:223.9
7:229.5
8:232.9
9:232.6
10:233.2
11:232.5
12:232.5
Year 2012:
Month: Index Value
1:233.6
2:234.8
3:233.4
4:227.4
5:224.4
6:227.7
7:222.3
8:220.3
9:217.4
10:220.1
Source: http://www.diamondse.info/diamonds-price-index.asp

Tuesday, April 10, 2012

Welcome to my blog on news and advice on gems and jewelry in general. Enjoy your visit and leave us for feedback.