Gold prices have hit record levels. Avi Paz Group founder and president Avi Paz discusses how this will affect sales of diamond jewelry
Founder and president of the Avi Paz Group reflects on his three terms as president of the Israel Diamond Exchange
Avi Paz, President of the Israel Diamond Exchange and President of the World Federation of Diamond Bourses, sums up 2010. On the agenda – rough and polished prices, level of Israeli industry credit, the Kimberley Process and initial details on the consolidation of an Israel consortium for rough purchase
It is no wonder that after years as a leading supplier of straight-edged diamond cuts – including Emerald Cut, baguette cut, and the patented PrinceCut® – the Avi Paz Group branched out into supplying diamonds cut to fit the requirements of the world's best-known luxury watch brands.
Diamonds are pored over, examined at great length with costly equipment to allow experts to arrive at a precise determination of their size, shape, clarity, color, cut, and dozens of other parameters.
While fashions in jewelry design change, diamonds themselves are unlikely to ever drop out of fashion. Diamond and gemstone jewelry is perhaps the one gift that wears as well on a great-granddaughter as it did when it was presented to her great-grandmother four generations earlier...
Diamond jewelry of all kinds has always had a special charm and mystique, but there is something particularly enchanting about a diamond necklace.
Piercing ears for earrings is one of the earliest known forms of body modification. Earrings were worn in early Persian culture, and the story of Exodus contains a passage in which Aaron exhorts the Israelites – men, women, and children – to remove their earrings...
Bracelets – from the Old French barcel, derived from the Latin brachiale ("of the arm") – are, according to some sources, the most popular item of jewelry worldwide except for earrings.
Historians generally cite the diamond ring Archduke Maximilian of Austria gave Mary of Burgundy in 1477 as the first modern diamond engagement ring. However, the tradition was slow in taking hold.
Diamonds have not historically been a major part of China's millennia-old jewelry tradition, which has put a greater emphasis on jade and pearls, but in recent years the country is making up for lost time...
India, the cradle of the world's diamond industry, is experiencing a diamond renaissance on a number of levels – as a producer, with major diamond companies like Rio Tinto investing heavily...
People have been singing about diamonds for years. These are some of the most popular songs
Black Orlov Diamond: The 189.62-carat Black Orlov diamond measures 47.6 x 34.92 x 31.75 mm and is fashioned in the traditional rose cut, with approximately 180 facets..
Diamond Trading Company might sound like a modest name for a concern that deals – in one stage or another – with approximately 75% of the rough diamonds in the world, but that is exactly what the DTC – the arm of De Beers that handles sales and distribution of rough diamonds – does
Diamonds were first discovered in India and figure prominently in Hindu mythology, which believes that the stones were formed when lightning struck rocks..
Not many years ago, comparatively few people were aware of the problem of conflict diamonds, which had been documented by the United Nations since the 1980s. That has changed..
Diamonds have captured the human imagination since they were first mined and polished in ancient India. It's little wonder that diamonds figure prominently in western literature and popular fiction. Here is a small sampling
The word "diamond" is derived from the Greek adamas ("unbreakable"). A diamond – one of two forms of pure carbon, the other being graphite – is formed from carbon atoms are bonded tetrahedrally, forming a transparent crystal noted for both its hardness and thermal conductivity – the highest of any bulk material.
Diamonds are Forever : James Bond adopts the identity of Peter Franks to follow a diamond smuggling investigation to Las Vegas, where he discovers that his arch-enemy, Ernst Stavro Blofeld, is behind an extortion plot. Bond teams up with Bond girl Tiffany Case for some diamond-studded adventures...
Although alluvial deposits of diamonds were discovered in Zimbabwe in 1903 and the first kimberlite pipe was identified in 1907, Zimbabwe did little with its diamond resources until the 1990s, when a number of mining companies began prospecting..
Diamonds are still commonly perceived as an exotic commodity, and few people associate them with North America. Nevertheless, Arkansas was the first place outside South Africa where diamonds were discovered at their original source.
More than one story of how diamonds came to be discovered in South Africa exists, but all cite the year as 1866 or 1867 and the location as Daniel Jacobs' De Kalk farm on the banks of the Orange River.
In the years following World War II, diamonds were crucial to rebuilding the war-ravaged Soviet economy. Historian Edward Jay Epstein explains that the Soviet Union needed industrial-grade diamonds to drill for the country's rich oil and natural gas reserves
Diamonds have been known and mined in India for at least 3,000 years and possibly as long as 6,000 years. For most of that time, India was the world's only known producer of diamonds
The 1991 announcement that diamonds had been discovered in Canada's Northwest Territories province created what has become one of the largest diamond producing industries in the world
Until 1725, India was the world's only producer of diamonds. In that year, Brazilian natives tasked with washing sand as part of the gold panning process discovered the precious stones...
A 1955 search for diamonds in Botswana turned up three small stones on the banks of the Motloutse River. Unusually in the history of diamond prospecting, the discovery wasn't pursued for over a decade...
The accidental discovery of alluvial diamond deposits in the process of panning for gold that uncovered Brazil's diamond resources repeated itself in Australia. Starting in the latter part of the 19th century...
Diamonds were first discovered in Angola in 1913. Angola's diamond resources are contained in both alluvial deposits and over 600 kimberlite pipes...