A 30-carat yellow diamond expected to garner up to $2 million sold for only $500,000 at a Canadian auction house on Sunday, possibly due to the fact that it lacked a grading report.
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Chopard confirmed that Marc Hruschka, who has served as president and CEO of Chopard USA Ltd. since 2006, has left the company but did not provide further information on its search for a successor or who will be leading the U.S. business in the meantime.
July 2, a week from today, will mark the midway point of 2014. There will be exactly 183 days behind us and 182 more to go.
The World Gold Council plans to hold a forum July 7 in London to discuss reforming and updating the London Gold Fix, the twice-a-day setting of the gold price that serves as an informal benchmark for the metal’s price worldwide.

Be discreet about vacation plans. Don’t let mail pile up at the store. These are just two of the vacation safety tips provided by David Sexton, vice president of loss prevention consulting at Jewelers Mutual.

Gemological Institute of America President and CEO Susan Jacques will moderate a panel on how to be successful in today’s market at the GIA’s upcoming career fair, scheduled for July 28 in New York.
Lab-grown diamond company Scio Diamond Technology Corp. has another new CEO at the helm following the recent termination of Michael McMahon.
J.C. Penney Co. Inc. announced Monday that it has closed on a new $2.35 billion credit facility, a deal that hints at some confidence from the banks in a performance turnaround for the retailer.

National Jeweler’s Editor-in-Chief Michelle Graff is among the nominees for the Women’s Jewelry Association’s 2014 Awards for Excellence, which will be presented with a twist this year.
A New Jersey jewelry store owner who allowed fake credit cards to be used for phony transactions in his store has pleaded guilty to his role in the scheme, according to the U.S. Attorney’s office in New Jersey.
The Texas Jewelers Association is partnering with the Israel Diamond Institute to bring a new diamond-buying opportunity to jewelers in the United States.
Four trade associations and the Richline Group sent a request to the Federal Trade Commission asking the body to allow jewelry made of metals recycled in this country to be labeled as “Made in America.”

The proposed $150 million sale of Hearts on Fire to Chinese retailer and manufacturer Chow Tai Fook underscores what many believe is the future of retail: It will be all about the brands.
In 2012, Christie’s Rahul Kadakia cracked open a case of extraordinary jewels that once belonged to Huguette M. Clark that were, as the story goes, kept in a bank vault untouched since the 1940s.
The heads of four of the jewelry and diamond industry’s leading international representative organizations have established a joint consultative committee called “The Presidents Forum.”
Like the world’s stock markets, precious metals have entered a quiet period, with no huge price fluctuations anticipated and gold, silver and platinum expected to finish the year in line with analysts’ predictions.

Bridal jewelry designer Phyllis Bergman has published her first book, Married Fifty Years and Still Dating--A Guide to a Platinum Relationship.

Brazilian jewelry company H. Stern is introducing designs with bird and butterfly motifs in varying shades of gold for its newest collection, Rock Season, which will launch this September.
This past Sunday, the Gemological Institute of America began accepting applications for its 2015 gemology and jewelry manufacturing arts programs, courses and lab classes.

Robbins Brothers is teaming up with Paparazzi Proposals, a company that specializes in planning and surreptitiously photographing proposals, to offer its customers the chance to plan and document the act of popping the question from start to finish.
July will mark Katharina Flohr’s final month as the managing and creative director of Fabergé.
The Jewelry Information Center is offering a sizeable prize for the winner of its fifth annual Ultimate Proposal Contest: $5,000 worth of platinum jewelry from any Jewelers of America retail member.

The Women’s Jewelry Association will honor the American Gem Society’s Ruth Batson, David Bonaparte of Jewelers of America and the Richline Group at its 2014 Awards for Excellence gala.

Stuller has released its new band catalog to showcase its selection of new and best-selling bridal bands.
De Beers diamond brand Forevermark and the Gemological Institute of America soon might be diamond-grading neighbors in India.














