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2012 NICHE Awards call for entries

Application information now available at www.NICHEAwards.com

(BALTIMORE) - NICHE magazine is now accepting applications for the 2012 NICHE Awards competition. Now in its 22nd year, the NICHE Awards annually recognizes achievements by North American craft artists on the professional and student levels. Applications and guidelines can be found online at www.NICHEAwards.com.

JCK Group announces 2011 Industry Fund recipients

More than $5 million in grants have been awarded

(NORWALK, Conn.) - The JCK Group is proud to announce the grant recipients of the 2011 JCK Industry Fund. They are: Jeweler’s Security Alliance, American Gem Society, Jewelers Vigilance Committee and the Women’s Jewelry Association. More than $5 million in grants have been awarded to organizations and individuals since its inception in 1998.

Advanced technology expands GIA Pearl Testing capabilities

Lab can accurately assess more pearls, more quickly on a daily basis

(CARLSBAD, Calif.) - GIA (Gemological Institute of America) has announced significant advancements in its pearl testing process. Highly advanced micro-CT X-ray units that produce high-definition 3-D images of individual pearls have been installed after months of tests and evaluations. These new units enable GIA to rapidly gain fully rotational 3-D images of the internal growth structures of pearls in just 15 to 20 minutes; older units take 3 to 5 hours or more. This new technology enables GIA laboratories to assess much larger groups of pearls more quickly and in greater detail than any previously employed technology.

Polished diamond prices rise 2.4% in April 2011

Rapaport issues April 2011 Research Report “Positive & Cautious”

(NEW YORK) - Certified polished diamond prices rose in April but at a slower pace as caution set in amongst dealers seeking stability after concerns that trading may have over-heated in the previous month. Ongoing political instability in the Middle East and global economic uncertainty causing high inflation and volatility in commodities markets, have added to the cautionary mood.

Why are auction house diamond sales breaking records?

Industry insight by Russell Shor, GIA senior industry analyst © GIA

The upcoming 2011 jewelry auction season promises more record-breaking large diamonds and top fancy colored diamonds. Even as the world economy is still recovering from the economic crisis of 2008-9, it seems the wealthy cannot get enough of these stones. They helped Christie’s and Sotheby’s – which together account for nearly 90 percent of the top jewelry auction market – achieve record sales last year.

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