SimplexDiam Inc. announced this week that its auction of Fortunoff's loose diamonds recovered more than 73 percent of the retailer's cost, according to a press release from SimplexDiam.

A Hanoi, Vietnam, trade center celebrates its second anniversary by displaying a 15-metric-tonne sapphire block.

Providence, R.I.--Speidel LLC is the latest jewelry and watch manufacturer to fall victim to the economic crisis, with the 105-year-old company placed into receivership by a Rhode Island court on Friday.

Washington--Despite the current recession, many of the nation's largest retailers held onto their coveted spots at the top of the retail ladder last year, according to Stores Magazine's Top 100 Retailers.

New York--According to the Platinum Group Metals Yearbook 2009, the volatile price movements of the three major platinum group metals are set to continue, with prices expected to rise over the next few quarters.

Yet as challenging as it is out there right now, there is a silver lining: This is a great opportunity for jewelers to review how staff members are performing and replace any underperformers on the team with some of the best talent in the industry.

Beijing--International pop star Celine Dion has teamed with Chinese businesswoman Yang Lan to produce a new line of jewelry.

New York--Jewelers, are you planning to pump up your spend on holiday marketing and inventory this year or take it down a notch due to the weak economy?

Summertime and the title question above go hand-in-hand. Usually the question comes from road-weary children begging their parents for a rest stop. This year it's being asked by our recession-weary nation, most of whose citizens have heard various reports pointing to recovery. Gratifyingly, the recent jewelry shows in Las Vegas point to signs of life in an industry that's taken this recession o...

The gem industry is seeing a slight uptick in activity. However, this has been most evident among custom jewelers and designers. Unusual gems and lower price points remain the focus of consumer spending. Sales of standard stock items are very slow. Credit remains a factor as banks have tightened their lending standards.