It was a banner day for blue gemstones, with another blue diamond topping $8 million and a 41-carat sapphire going for $2.3 million.
Rough & Polished Editor-in-Chief Vladimir Malakhov Dies at 76
Malakhov, who managed a staff of about two dozen reporters across the globe, is remembered for being kind and easy-going.

He was 76.
According to an email circulated Tuesday by The World Diamond Museum, Malakhov died June 17 after “a courageous battle with cancer.”
Based in Moscow, Rough & Polished is an online-only news site that is published in four languages: Russian, English, Portuguese and Simplified Chinese.
As the site’s top editor, Malakhov managed a staff of about two dozen employees and correspondents in Asia, Europe and Africa, all while maintaining relationships with industry leaders.
Under his leadership, Rough & Polished became one of the trade’s prime news sources about developments in the diamond and precious metals industries.
He is remembered for his knowledge and his analytical skills, as well as for being kind and easy-going.
Alex Popov, founder and CEO of The World Diamond Museum and former president of the Moscow Diamond Bourse, said: “I had a special relationship with Vladimir, and he was one of my close confidants in Moscow. His premature death will leave a huge void. The global diamond industry will miss his quiet attention and great analytic skills.
“We send our heartfelt condolences to his family and close ones. May Vladimir’s memory be a blessing to all who cherished him.”
The Latest

The approval means the retailer is on track to exit bankruptcy proceedings this summer.

The men are believed to be part of the group of several masked suspects that robbed Marc Robinson Jewelers in April.

As gold prices rise, today’s retailers are looking for alternatives at prices that will appeal to wider audiences.

The bridal-focused brand is also launching its Custom Atelier this summer, a digital custom design tool for its authorized retailers.


The De Beers Group CEO also discussed tariffs, Desert Diamonds, and the pending sale of De Beers in an interview with Michelle Graff.

The industry veteran is bringing his 56-year run in the fine jewelry sector to an end.

With the trade and customer trust in mind, GIA® developed NextGem™ – on-demand training designed specifically for retail.

The panel discussion will feature LGBTQ+ leaders across the jewelry, luxury, and creative industries.

Inspired by a locket that got run over, the “Smash” capsule collection reimagines the shape of Lichtenberg’s signature style.

The company has promoted Katherine Whitacre to the role.

The jewelry manufacturer has added Taylor Swift-esque diamond shapes, and more silver, gold vermeil, and gold-plated jewelry.

Those born in June can celebrate with pearl, alexandrite, and moonstone jewelry.

The platform allows retailers to guide clients through a customizable engagement ring buying experience in a branded interface.

Jim Springer, owner of Dunkelberger’s Fine Jewelry, is heading into retirement.

When conducting its May consumer confidence survey, The Conference Board asked extra questions about consumers’ budgeting strategies.

The “Tunnel” charm, our Piece of the Week, celebrates Pride Month with its design inspired by hope and the light at the end of the tunnel.

Up for auction at Sotheby’s, the collection of Tempelsman’s personal effects includes a Cartier Tank watch Jackie O. gifted him.

The Miami-based fine jewelry brand will host its first summer residency in the Colorado mountain town from June 5 to Aug. 23.

The organization also announced its international board of directors for the 2026-2027 term.

Saks Global confirmed the closure this week, spelling the end for a store that’s been part of downtown Dallas for more than 100 years.

Smith discusses how managers should handle a top performer's exit, warning that a poor response could have a lasting impact.

The Gemological Institute of America is now a 30 percent stakeholder in Tracr, the De Beers-backed blockchain for diamonds.

The retailer is bringing Rolex Certified Pre-Owned watches to five U.S. cities in 2026 for collectors to see, try on, and purchase.

The actress and entrepreneur stars in the jeweler’s new campaign that celebrates life’s quiet moments.

The price of gold has risen, affecting the number of pieces designers make, the materials they use, and how they position themselves.

The jewelry retailer is zeroing in on Zales, Jared, Kay Jewelers, and Blue Nile as it looks to create unique brand identities for each.






















