Diamond – Rapaport reported that the top lot at Christie's Hong Kong Magnificent Jewels sale was a 75.35-carat briolette diamond that sold for $11.2 million, which amounts to $148,000 per carat. That is a record for a briolette-shaped diamond sold at auction.
Articles Tagged "auction"
Diamond – RT reported that following the signing of a memorandum of cooperation, Russia's Alrosa (MCX:ALNU) is now able to sell its gems at Sotheby's auctions.
Diamond – Forbes reported that on May 28, Christie's will feature what it claims is the largest briolette diamond ever to appear at auction at its Hong Kong Magnificent Jewels sale.
Oil – Bloomberg reported that Royal Dutch Shell plc (LSE:RDSA) and Repsol SA (OTC Pink:REPYY) both made winning bids at Colombia's latest auction of oil and gas exploration blocks.
Diamond – CNBC reports that history was made at auction Wednesday when the largest triangular FancyVivid Blue diamond was sold at auction for $15.7 m. The story is quoted as saying: The 10.95 carat blue diamond is set opposite a matching 9.87 carat colorless diamond in a ring purchased in 1972 for $1 million. The record price [...]
Crude Investing News reports oil prices sliding and peaking at various periods. Oil prices soared higher on the prospects of a rebound in energy demand. “The market thinks the worse is behind us and that we’re heading toward recovery at the end of the year, early next year,” Fitzpatrick said. Spreading worldwide recession has ravaged [...]
Diamond Investing News reports diamond was hit hard after the financial crisis in 2008. This rapid change hit the diamond market hard. In the retail sector, prices dropped drastically, as demand came to a stand still. Companies were forced to sell their products at a loss and many household names went bust. The House of Taylor [...]
Diamond Investing News reports holiday season sales for jewellery have declined, disappointing many jewellery companies. A study completed this fall by the Harrison Group and American Express Publishing found that of all the luxury categories, jewellery could take the biggest hit in the downturn. Planned spending by affluent consumers on jewellery was down 15 per [...]