‘Unique Pink’ Could Garner $38 Million at Sotheby’s 

Brecken Branstrator           National Jeweler        April 11 

The15.38-carat pear-shaped “Unique Pink” will lead Sotheby’s Magnificent Jewels and Noble Jewels spring sale in Geneva on May 17, where it’s expected to sell in the range of $28 million to $38 million.

De Beers reports higher diamond demand

James Wilson       Financial Times     April 12 

De Beers, the world’s largest supplier of diamonds by value, has fuelled optimism that the industry is recovering from one of its toughest years, by reporting that demand for rough stones had picked up significantly.

This Is What a $12 Million Ruby Looks Like

Victoria Gomelsky     JCK       April 01 

Highlights from the Christie’s Magnificent Jewels sale preview. Exhibit A: The 15.99 ct. Jubilee Ruby (pictured)—a no-heat Burma ruby set in a “sensational” ring by Verdura and estimated to fetch between $12 million and $15 million

GOLD PRICE UP BY 17% IN Q1 2016

The Israeli Diamond Industry   April 11 

The World Gold Council attributes the rally in the gold price to five key factors: Ongoing concerns about economic growth and financial stability in emerging markets; A hiatus in the rise of the US dollar; The implementation of negative interest rate policies by leading global central banks;