Of course, within the good old days De Beers was the custodian – the business steward – ruling as a dominant monopolistic force. The collapse of Brisbane-based diamond tracing firm Everledger – entering liquidation with greater than $AU19 million in debt – might support the idea that ‘movement’ round provenance is fleeting quite than everlasting. It has been long suggested that ‘provenance’ is an increasingly necessary issue supporting the buyer proposition for diamonds.
The Indian market remains the strongest development market in the world, with Indian ladies turning into financially stronger and driving demand. “The demand has shot up in the city jewelry market to the extent that we have booked orders from Delhi, Mumbai, Kolkata, Meerut, Kanpur and Chennai. We have already sold objects price over Rs 5 crore,” said Dinesh Singh, president of Allahabad Jewellers Association. Kolkata-based jewelry brand, Senco Gold & Diamonds, made a big announcement on …

