IndependentsJun 05, 2026
Pennsylvania Jewelry Store To Close After 79 YearsJim Springer, owner of Dunkelberger’s Fine Jewelry, is heading into retirement.
SourcingJun 14, 2019
Anil Dholakia, Gem Trader and Founding Member of AGTA, Dies
He also played a part in establishing the Gem & Lapidary Wholesalers show in Tucson in 1974.
Franklin, N.C.—Anil B. Dholakia, longtime wholesale gem merchant and a founding member of the American Gem Trade Association, died June 10.
He was 85 years old.
Dholakia was born Nov. 23, 1933, in Baroda, India to Balkrishna and Shanta Dholakia. 
In 1957, Dholakia moved to Japan, spending three years in the gemstone trade there while also traveling to Burman, Singapore and Thailand. He relocated to the United States in 1960, residing first in New York City with his wife, Savita Dholakia.
He started his business as Adris Oriental Gem & Art Corp. in the early ‘60s and began doing trade shows all over the country, traveling to as many as 90 a year.
Dholakia was one of 12 gem dealers dubbed the “Dirty Dozen” who helped establish a new satellite gem show in Tucson, Arizona in February 1974, the Gem & Lapidary Wholesalers show, or G&LW. He was the youngest and last living member of the group, according to an online obituary.
He also was one of the founding members of the AGTA when it formed in Tucson in 1981 and served as a director of the association.
In 1994 he moved to Franklin, North Carolina, where he worked in the wholesale gem and jewelry business as Anil B. Dholakia Inc.
Dholakia had a passion for traveling to source new gemstones, and enjoyed buying and selling as well as taking part in trade shows around the world. His work took him to Japan, Hong Kong, Brazil, India, China, Germany, Russia, Turkey, Korea, Ethiopia and many other locations.
He was actively involved in his business until early 2017. His daughter, Varshana Dholakia-McGaughey, will continue to run the company under its current name.
He was a leader in the trade and loved helping people get into the business, paving the way in the gemstone sector for the Indian community. He also received numerous awards from the industry, including the Indian Diamond & Colorstone Association honoring him as a leader in 2005.
Outside of the jewelry industry, Dholakia enjoyed cooking and entertaining friends and family at his home. He was married to his late wife for 63 years.
He had a degree in economics and did graduate studies
Editors' Picks
Sponsored by
in law and business administration as well.
AGTA CEO Doug Hucker said: “Anil was a gentle person and a gentleman and was always willing to help new people come into the organization. He will be greatly missed.”
Dholakia is survived by his daughter, Varshana (Earl McGaughey); son Ketan Dholakia; son Samrat Dholakia (Donna); grandsons Shawn, Raja and Andrew; granddaughters Isabel and Caroline; sister, Pramila Sullivan; and nephew, William.
AGTA CEO Doug Hucker said: “Anil was a gentle person and a gentleman and was always willing to help new people come into the organization. He will be greatly missed.”
Dholakia is survived by his daughter, Varshana (Earl McGaughey); son Ketan Dholakia; son Samrat Dholakia (Donna); grandsons Shawn, Raja and Andrew; granddaughters Isabel and Caroline; sister, Pramila Sullivan; and nephew, William.
More on Sourcing
The Latest
SurveysJun 05, 2026
Consumers to Cut Back on Spending Amid Rising Prices, Survey Shows When conducting its May consumer confidence survey, The Conference Board asked extra questions about consumers’ budgeting strategies.
CollectionsJun 05, 2026
Rebel Jewelry’s Charm Symbolizes Perseverance for Pride MonthThe “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.
Brought to you by
All Eyes on Gold Prices. Alternatives to Look For. And What to BEWARE of in VegasAs gold prices rise, today’s retailers are looking for alternatives at prices that will appeal to wider audiences.
AuctionsJun 04, 2026
Treasures from Maurice Tempelsman’s ‘Marvelous’ Life Head to AuctionUp for auction at Sotheby’s, the collection of Tempelsman’s personal effects includes a Cartier Tank watch Jackie O. gifted him.
Weekly QuizJun 05, 2026
This Week’s QuizTest your jewelry news knowledge by answering these questions.
CollectionsJun 04, 2026
Buddha Mama to Spend the Summer in AspenThe Miami-based fine jewelry brand will host its first summer residency in the Colorado mountain town from June 5 to Aug. 23.
MajorsJun 04, 2026
AGS Honors Late Peter Yantzer, Holds Time Capsule CeremonyThe organization also announced its international board of directors for the 2026-2027 term.
Brought to you by
How Modern Training Is Becoming a Competitive Advantage for Jewelry RetailersWith the trade and customer trust in mind, GIA® developed NextGem™ – on-demand training designed specifically for retail.
MajorsJun 04, 2026
Neiman Marcus’ Downtown Dallas Store to Close in SeptemberSaks Global confirmed the closure this week, spelling the end for a store that’s been part of downtown Dallas for more than 100 years.
ColumnistsJun 03, 2026
Peter Smith: When Top Talent Leaves and What It Says About YouSmith discusses how managers should handle a top performer's exit, warning that a poor response could have a lasting impact.
GradingJun 03, 2026
GIA’s Tracr Investment Is First Step Toward Industry-Owned PlatformThe Gemological Institute of America is now a 30 percent stakeholder in Tracr, the De Beers-backed blockchain for diamonds.
WatchesJun 03, 2026
The 1916 Company Taking Pre-Owned Rolexes on the Road, AgainThe retailer is bringing Rolex Certified Pre-Owned watches to five U.S. cities in 2026 for collectors to see, try on, and purchase.
IndependentsJun 03, 2026
Jessica Alba Is the New Face of Gabriel & Co.The actress and entrepreneur stars in the jeweler’s new campaign that celebrates life’s quiet moments.
TrendsJun 03, 2026
State of Design: Only the Innovative Will SurviveThe price of gold has risen, affecting the number of pieces designers make, the materials they use, and how they position themselves.
FinancialsJun 02, 2026
Signet Jewelers’ Q1 Sales Up 2% As It Focuses on ‘Core Four’ The jewelry retailer is zeroing in on Zales, Jared, Kay Jewelers, and Blue Nile as it looks to create unique brand identities for each.
WatchesJun 02, 2026
Watch Industry Veteran James Marks Joins Sotheby’sSotheby’s has appointed the former Phillips executive as its global head of private sales and retail in its watches division.
AuctionsJun 02, 2026
Sotheby’s to Auction 10-Carat Blue Diamond, 1960s Harry Winston Necklace A private collection of five Paraíba tourmalines also will be up for sale at Sotheby’s High Jewelry auction in New York, scheduled for June 16.
IndependentsJun 02, 2026
State of Retail: 6 Things Retailers Should Know About Consumers TodayFrom Gen Z’s view of luxury to “doom spending,” these are the six consumer trends to note this year.
Events & AwardsJun 01, 2026
Design Atelier Brands Have a Big Night at Emotional Couture Design AwardsThe show started by honoring Mildred Marcano, ended with a tearful Beth Anne Bonanno, and recognized a dozen-plus designers in between.
SourcingJun 01, 2026
RapNet Rebranding as Rapaport TradeThe revamped online diamond marketplace will feature pricing intelligence and data-driven tools for more efficient buying and selling.
SourcingJun 01, 2026
Gemfields’ Higher-Quality Emerald Auction Achieves $26.8MThe miner said demand for higher-quality emeralds is stable, but there is notable caution in the market.
CollectionsMay 29, 2026
Cultus Artem’s Necklace Is the Oasis in Las Vegas’ DesertThe “River of Heaven” necklace, our Piece of the Week debuting at Couture, combines 26 salt and pepper diamonds spaced by Tahitian pearls.
IndependentsMay 29, 2026
Meet the 2026 Retailer Hall of Fame InducteesThis year’s inductees include second-, third-, and fourth-generation jewelers.
Events & AwardsMay 28, 2026
JCK Announces Jesse Itzler as 2026 Keynote SpeakerThe author, speaker, and entrepreneur will give his presentation, “Spiritual Billionaire,” on Saturday morning.
Events & AwardsMay 28, 2026
JCK Rocks To Ride With NellyThree-time Grammy award-winning artist Nelly is set to perform at the annual event at Tao Beach on Sunday night.
MajorsMay 28, 2026
Signet Jewelers to Buy The Clear Cut Signet will integrate the online-only, natural diamond-focused jeweler into Blue Nile, which it wants to position as a higher-end retailer.
CollectionsMay 28, 2026
Meet The 17 Newcomers to Couture’s Design AtelierThese up-and-coming jewelry brands are bringing their distinct aesthetic and unique point-of-view to the Design Atelier for the first time.
