The Diamond Club online trading floor was designed with the South African diamond trade in mind the club felt it was necessary to keep up with international trends and align the South African diamond market with the rest of the world by developing an online trading platform.
Previously telling natural rough diamonds from lab grown rough diamonds was fairly straightforward due to the typical cubo-octahedral shape seen with diamonds produced by HPHT (High Pressure High Temperature) and the characteristic plate structure of diamonds produced by CVD (Chemical Vapour Deposition) which significantly differs from the morphology of natural diamonds.
De Beers—which became the star unit of parent company Anglo American following soaring sales in 2014—reported a 26 percent drop in sales in carat terms for the first six months of this year.
When the US Fed wants to slow economic growth, it raises interest rates. When it wants to stimulate economic growth, it lowers interest rates. That’s an application of supply and demand. It works the same in retail markets: raise prices and consumer demand weakens; lower prices and shoppers typically flock to the stores.
In June, eagle-eyed Miami customs officials seized 720 pieces of counterfeit Van Cleef & Arpels jewelry, the U.S. Customs and Border Protection (CBP) announced.