News

World Gold Council releases 30-year outlook on gold industry

The World Gold Council has launched a one-off essay collection titled ‘Gold 2048’, which analyses how the gold market is…

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The Farnese Blue Diamond sold for $6.7m at auction

The Farnese Blue, a 6.16-carat pear-shaped dark grey-blue diamond which has passed through the hands of four European royal families,…

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Mystery surrounds ownership of 57,227 UK companies

Around 57,227 British companies are still not complying with new measures brought in to counter fraud and money laundering, according…

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Phillips auctions historic white gold Omega wristwatch

Watch auction house Phillips has achieved a new world record for the highest result achieved for an Omega timepiece sold…

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Carats.io raises $1.6 Million in first financing round

Carats.io, an Israeli blockchain startup in partnership with the Israel Diamond Exchange, has raised $1.6m (£1.1m) in its first funding…

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Fancy colour diamond prices show stability

The Fancy Color Research Foundation (FCRF) has reported that fancy colour diamond prices showed stability in most categories in Q1…

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Retail consumer spending sees sharpest drop since 2012

Consumer spending has suffered its sharpest drop in six years, according to Visa’s latest consumer spending index. Spending in-store fell…

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Wet start to April dampens retail footfall

Footfall in April decreased by 3.3%, which is a significant decline compared to the 1.6% increase seen the previous year.…

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De Beers successfully tracks first diamonds from mine to retail on blockchain

The De Beers Group has announced that it has successfully tracked 100 high-value diamonds along the value chain during the…

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Smartphone purchases account for 54% of UK retail transactions, study finds

Retail purchases made on smartphones have seen a 66% increase in Q1 of 2018 compared to Q4 2017 according to…

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