Eight weeks of the trade, kept the way a ledger should be kept — dated, sourced, and in one place. New entries are added at the top each week; the quarter's running numbers live in the Almanac below.
The miner arrives in Gaborone prepared to cut official book prices or widen discounted deals — sightholders put the book 20–30% above market in sub-carat rough. A new sightholder contract takes effect against the backdrop of Anglo American's divestment.
Bullion consolidates near the World Gold Council's H2 base case (±5% around $4,100) after June 25's $4,001.80 trough; 30-day volatility cools from 50%+ to under 30%.
Brandee Dallow (ex-De Beers, Rio Tinto Diamonds, RJC) begins as chief executive of the International Colored Gemstone Association on July 6.
Combined Geneva–Hong Kong–New York sales top $235M at a 99.8% sell-through across 937 lots; an F.P. Journe Souscription Résonance makes $13.9M in New York, a record for any independent watchmaker.
Independent jewelers' sales rose 12% YoY on a 22% higher average ticket with 9% fewer units; diamond average prices +21%.
Alrosa suspends Severalmaz mining for ~3 months from July 1; Storm Mountain puts Lesotho's Kao mine on care and maintenance (~750 workers); Petra's Finsch enters business rescue (~1,800 jobs).
Spot touches $4,001.80 on June 25 — the H1 low — and holds the level; YTD the metal is down ~7% from a $5,405 January 29 peak yet remains a top-performing asset over 12 months.
From September 1, lab-grown jewelry tags must read 'synthetic' — the words 'diamond', grading terms, and descriptors like 'natural' or 'eco-friendly' are banned; weights in grams only.
Signet Q1: $1.55B (+0.7%), same-store +1.8%, guidance floor raised to $6.7B. Chow Tai Fook FY: revenue +5% to HK$94.4B, profit +52% to a record HK$9.08B; Luk Fook revenue +29%, profit +89%.
CHF 2.11B — US +12%, France +57% (logistics hub), UK +25%, China −21%; CHF 200–500 watches +24% while the CHF 500–3,000 middle falls 17%. YTD −3.1%.
Christie's Magnificent Jewels makes $49.7M at 100% sell-through — the 31.62ct Azure Blue at $8.4M. Sotheby's answers with $43.4M at 98%, led by a 10.02ct fancy intense blue at $8.7M.
Christie's Stream Family Collection realizes $17.3M at 99% sold; a 49.91ct light green-yellow diamond quadruples its low estimate at $2M.
Alrosa logs record May client viewings — double last year, busiest in eight years — with 2–10ct prices up 6–9% since January; TAGS Dubai tender clears 80%.
The State of the Colored Gemstone Industry panel reports engagement customers choosing sapphire, spinel and garnet first; margins beat diamonds; Tucson 2026 ranked among dealers' best shows ever.
Marion Fasel's Vegas read: mechanicals (transformable pieces), creative alternatives to gold (beads, cords, small scale), and narrative jewelry as the feature customers pay for.
Lab-grown collections expand to Spain and Italy via Barcelona and Milan flagships — eight markets globally.
De Beers' US study: average natural-diamond spend up 25% to $4,063 vs 2023; 75% of value demand is non-bridal; Gen Z takes 23% of value demand vs 18% of population.
Bain–Altagamma puts 2025 global luxury spending at €1.44T with jewelry the leading category; personal luxury +1% in H1 2026, 2–4% forecast for the year.
Phillips' Geneva Watch Auction XXIII realizes $96.3M — the highest-grossing watch auction in history — with a Patek Philippe Ref. 2523 at $10.2M and dozens of world records.
FY2026 (ended March 31): group sales €22.4B (+11% constant); Jewellery Maisons €16.5B (+14%) at a 30.5% operating margin; net profit €3.5B (+27%).
First female president in the bourse's 86-year history — believed the first woman to lead any diamond bourse worldwide.
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