There is something magical, almost ethereal, about an engagement ring. What can be more priceless than the moment when a little box is carefully opened, and a sparkling ring makes your beloved weak in her knees before she accepts the proposal? Throughout history, famous couples have left no stone unturned (pun intended) to find the perfect ring to announce their betrothal. Remember Princess Diana’s iconic oval blue Ceylon sapphire and diamond engagement ring? Considered to be one of the most recognisable pieces of jewellery in the world, the ring was subsequently used by Prince William to propose to Catherine (Kate) Middleton.
Fortunately, the world of jewellery and gemstones extends far beyond engagement rings and undying love. Instead of merely being of ornamental value, jewellery is now considered an accessory which reflects one’s style in a way like no other. Regular jewellery is, in fact, giving way to bespoke jewellery which embodies a person’s unique personality.
Over the years, the trend of commissioning birthstone jewellery—ornaments incorporating gems which correspond to the wearer’s birth month or zodiac sign has become quite popular. And here’s a fact: besides being a conversation starter, birthstone jewellery channel positive energies into relationships, career and educational pursuits. Celebrities internationally and closer home swear by the astral powers of these gemstones. For instance, Meghan Markle was presented with an ’eternity’ ring as an anniversary gift by Prince Harry. Notably, the bespoke ring featured the Sussex family birthstones: a sapphire, peridot and an emerald on its underside.
A Gift For Oneself
Gone are the days of acquiring jewellery via marriage or inheritance. Today’s avant-garde and stylish woman is hardly the one to wait for ceremonies. For her, every day is a milestone which deserves to be celebrated. Women are increasingly buying jewellery, particularly birthstone jewellery, for their own and their families’ well-being. They are proudly flaunting trendy, custom-made rings, earrings, bracelets or neckpieces which, in many cases, are self-designed. From the concept and designing to selecting metals and gemstones, online jewellers are providing ease of shopping and the ability to participate in the entire process. To sum it up, women are quite literally spoilt for choice.
Buying jewellery online, however, is not without risks and inconveniences. In the case of precious gems, the market is flooded with spurious products which make misleading claims about their authenticity. Many online jewellers also fall short in providing a hassle-free experience to customers. “You may boast an elaborate collection of gems and metals, but that is meaningless if it is not complemented by a great buyer experience,” explains Nitin Yadav, CEO of Gurgaon-based online jeweller GemPundit.
A superlative experience, coupled with genuine, lab-certified products with great finishing, has become the hallmark of GemPundit. When customers peruse their vast catalogue of gemstones and precious metals, an extremely helpful and experienced team is always at hand for assistance. “These days, customers are very discerning. They aspire to wear clothes and accessories that epitomise who they are. Wearing customised jewellery embellished with special gems such as birthstones is a great expression of that individuality,” adds Yadav. Not surprisingly, GemPundit presents its customers with unparalleled services to fulfil those aspirations.
The sophisticated process of custom jewellery at Gempundit has opened a new world for customers to explore the delights of designing and buying bespoke jewellery. Prospective buyers first upload a personalised design image or drawing, following which the in-house team of GemPundit contacts them to discuss more details, including gemstone options and pricing. Upon mutual agreement, 3D CAD designs are shared for approval before crafting the jewellery. Prior to shipping, photos or videos are shared for final approval. Such an interactive process, besides being unique, leaves no scope for surprises.
Want to stand out from the crowd and make a dazzling statement? Our say: wear a unique, off piece of jewellery adorned with your birthstone, and let the stunning accessory speak for itself. Every gem will have a meaning, and every piece of jewellery will reflect a part of you. As George Eliot famously said, “These gems have life in them: their colours speak, say what words fail off.”
Entries are open for the most prestigious annual credit union industry marketing competition. The 35 categories of Diamond Awards recognize and reward creative excellence and outstanding results in credit union marketing.
A new category for Diamond Awards in 2021 is Crisis Management Diamond Award. It pays tribute to marketing campaigns to support members, raise awareness and respond throughout the ongoing coronavirus pandemic.
“The awards that were given for 2020 honored such creativity,” said Amy McGraw, Chair, Diamond Awards and VP Marketing/Chief Experience Officer, Tropical Financial CU. “We are excited to shine the 2021 spotlight on more of that fantastic work that is being done.”
January 15, 2021 is the entry deadline for Diamond Awards. But if you enter before December 21, 2020, you can take advantage of early bird pricing on entry fees.
Nominations are also being accepted for the following awards, for which only CUNA Marketing and Business Development Council members are eligible:
- Marketing Professional of the Year Award
- Business Development Professional of the Year Award
- Lifetime Achievement Award
- Rising Star Award
- Excellence in Marketing & Business Development Award
Nomination deadlines for the five CUNA Marketing & Business Development Council awards listed above vary.
Gems and jewellery exporters have been permitted to send their goods across the globe to their buyers using the convenience of cost effective and reliable courier services.
The Central Board of Indirect Taxes and Customs (CBIC) has issued a circular clarifying that extant regulations do not restrict exports of gems and jewellery through the courier mode and such restrictions only apply to imports.
This would mean that gems and jewellery exports could be done through courier services following all other regulations in place for such exports.
Doubts had arisen over use of courier services for exports as Regulation 2(2)(a)(iv) of the Courier Imports and Exports (Electronic Declaration and Processing) Regulations, 2010 places a restriction on imports of precious and semi-precious stones, gold or silver in any form, through courier.
The Regulation 2(2) (a) (iv) reads as “These regulations shall not apply to the following imported goods requiring testing of samples thereof or reference to the relevant statutory authorities or to experts before their clearance, namely precious and semi-precious stones, gold or silver in any form”.
Thus, the restriction imposed by Regulation 2(2)(a)(iv) on gems and jewellery is applicable only on their imports, CBIC has clarified.
Earlier, the Gems and Jewellery Export Promotion Council represented before CBIC seeking clarification on whether gems and jewellery is allowed to be exported through courier under the Courier Imports and Exports (Electronic Declaration and Processing) Regulations, 2010 as also the Courier Imports and Exports (Clearance) Regulations, 1998.
A jeweller from Meerut has found a place in the Guinness Book of World Records for making a ring with the maximum number of diamonds.
The record was earlier held by a Hyderabad jeweller, Kotti Srikanth, who had made a ring with 7,801 diamonds.
An elaborate floral-shaped ring sporting 12,638 tiny diamonds has earned a place in the Guinness World Records — but its Indian creator has no plans to sell his priceless design just yet.
Called “The Marigold – The Ring of Prosperity”, the chunky circular band weighs a little over 165 grams.
“It’s wearable and comfortable,” said 25-year-old Harshit Bansal, who described his audacious creation as a dream project.
Bansal said he got the idea two years ago while studying jewellery design in Surat.
“My target was always more than 10,000 diamonds. I trashed many designs and concepts over the years to finally zero in on this,” Bansal told AFP.
In a statement, his company said that each tiny petal in the ring’s eight-layer flower design was unique.
Bansal said he had already knocked back requests from prospective buyers.
“We have no plans of selling it right now,” he said. “It’s a matter of pride for us. It’s priceless.”
The previous record determined by Guinness, also set in India, was for a ring containing 7,801 diamonds.
India is the second largest consumer of Gold with the demand for yellow metal crossing over 690 tonnes in 2019, according to a recent report by IBEF. Over the years, gold has continued to be the safety net and investment instrument of choice for Indian families. Considering its significance in festivities and auspicious occasions, purity of gold becomes a critical aspect of buying gold.
With a span that thousands of years, the tale of jewellery in India is long and encrusted with fascinating myths, legends, cultural influences and artistic expressions of the time. Be it the beaded necklaces of the Indus Valley civilization or the temple gold of South India, the astrological link of gemstones and destinies or the fame of diamonds mined from Golconda, the history of jewellery in our nation is in many ways the history of the country itself.
Over the years, while jewellery came to signify power and prosperity to the ruling classes, for thousands of commoners, it became an integral part of social and economic security. With agriculture and trading incomes being fickle, investments in gold and silver became the inalienable hedge against the vagaries of the future. Such has been the sway of these precious metals that even with the advent of modern lifestyles and salaried jobs, the special place they hold in the heart of Indian families has not diminished the least. If anything, it has become more rooted than ever.
With economic prosperity, gold has become the metal of choice in our homes. From the birth of a child to a wedding in the family, it is a part of all auspicious occasions. It is no surprise then that ‘purity’ as an attribute has come to assume primary importance in the scheme of things. After all, who would like to compromise on the virtuousness of something that is part and parcel of so many auspicious occasions in life?
Which brings us to the question: how ‘pure’ is the gold that is part of such important social events?
As consumer awareness has increased over the years and standards like BIS hallmark have been adopted by many leading jewellers and the purity of the metal composition in any piece of gold has been standardized to a certain extent. Terms like Karats and 916 logo have become common knowledge for buyers to look for.
But the fact is that this is nothing but being selective on the topic of purity of gold. Because the purity of gold that you purchase to celebrate precious moments, cannot be reduced to just its metal composition. It needs to be pure in its entirety, right from the mining stage till the time it finds its way into the consumer’s hands. Only if it is irreproachable in this wholesome manner can it be truly termed pure.
Global gold supply chains remain cloudy even today. There exist many malpractices that have a direct impact on the propitiousness of the gold that we purchase. Smuggling, human right violations, child labour, money laundering, terrorist financing etc are ugly realities of the gold supply chain that we often paper over. As consumers, we often turn a blind eye to these aspects and wish them away. But for how long? Is it not time that we ask ourselves: does this shiny piece of metal that gives us so much joy bring tears to those involved in making it available to us?
Indeed, it is time that we all get sensitized to sustainable and responsible gold acquisition practices. Unless we come together and demand that the jewellery being presented to us is sourced keeping ethical standards in mind, the purity of the jewellery that adorns us will always be questionable. Governments at both the centre and states too have to frame the necessary rules and regulations towards this goal.
If there is one thing that Covid-19 has taught us all, it is that the days of mindless exploitation of the environment are behind us. Sensitivity and consideration for others is a sine qua non. Responsible sourcing will add further sheen to gold whose shine has us all enthralled.
Timeless and oh-so elegant, heirloom jewellery can add that much-needed grandeur to your festive look. And no, you don’t need to restrict those evergreen pieces to traditional outfits alone. Wear your grandma’s kundan choker and jhumkas or those chandbalis and kadas with modern silhouettes to make a unique statement as you flaunt your prized possessions. While you prepare to ring in the festivities at home, scan your mother’s and grandmothers’ closets and pick out a few charming pieces from their heirloom jewellery collection, which rarely see the light of day. Here’s a guide from fashion designers and stylists on how to mix and match your treasured heirlooms with contemporary dresses to create some vintage magic this festive season. Read on…
Pocket-friendly and effortlessly chic
Nothing is more satisfying than wearing a jadau choker from your bequest or a
heritage piece of jewellery that’s been part of the family heirloom for generations on Dhanteras. Such traditional pieces are not only incomparable in terms of design and quality, but are mostly one of a kind. Pairing them with a modern festive wardrobe is the best way to keep yourself effortlessly chic amid the festivities without burning a hole in your pocket. Give the precious pieces the respect they deserve by choosing one statement piece and build the look with smaller accents.
A few rules for using heirloom jewellery
1) Pick one statement piece and give it center stage
2) Layer kundan chokers with long pearl malas. Put on an easy resort wear bandhani wrap dress or a tie and dye romper jumpsuit to complete the look
3) When it comes to rings, the more the merrier
4) An heirloom silver anklet is a must in every mother’s closet. Be sure to wear it with a drape skirt and top or a dhoti jumpsuit that shows off your ankles
5) Filigree gold bangles, especially when too many, go best with a silk shirt and a Banarasi sharara. If it’s a bangle story in both hands, keeping the neck bare is a great idea. Long earrings would be best here
6)Wear your jhumkas with an asymmetric dress and tie your hair back to add another dimension to your look
7) Wear a long gold ornamental chain with a long shirt dress and team it up with a belt and high-heeled boots
8) Do not over accessorise. Avoid wearing everything at once. If it’s a statement choker, then make sure the earrings are small, more like tops. No bracelet or bangles. A couple of rings will do the magic
9) Maang tikkas are great finds and every grandmother has one. A tight bun or easy locks with a bold maang tikka is quite a head-turner anywhere. If you have a long neck, a maang tikka and choker or neckpiece with no other jewellery is a very confident look. Put on a maang tikka with a bandhani or shibori kimono jumpsuit with a statement bracelet or handcuff
— Nupur Kanoi, fashion designer
Match heritage jewellery with modern outfits cleverly
Passing on heirloom jewellery from one generation to the next is a tradition. While some of us still indulge in new designs and styles every now and then, our traditional family jewellery pieces hold a special place. Whether it’s a bunch of gold chains, a kundan neckpiece, a chandbali, or a choker – all kinds of heritage jewellery can be styled cleverly with contemporary outfits, such as dresses, gowns, or even plain solid shirts with the neckpieces peeking out from the few open buttons. A traditional bala can be used as an armband with certain dresses. Men, too, can use heirloom jewellery to make a style statement. Use a chandbali or pendant as a brooch in smart jackets or even bandh galas and be prepared for all the lovely compliments coming your way!
— Dev R Nil, designer duo
Style it right
1) Anklets are in vogue this season. Throw them on with a pair of high-heel sneakers and don’t forget to roll up your jeans
2)Team up an amazing vintage silver choker with a long, flowy dress. Or wear a traditional necklace with a fabulous white or black shirt to stand out
3)Add loads of bangles over the cuff of your shirt so they don’t get lost underneath
4) Traditional oversized gold earrings look great with an oversized T-shirt belted at the waist. Complete the look with
a pair of sexy heels
5) Traditional rings, be it in silver or gold, are your go-to accessories with modern silhouettes
— Shaleena Nathani, stylist
Thailand is making a strong bid to export its silver jewellery to India to woo millennials, taking advantage of gold prices that had shot up recently, making the yellow metal unaffordable for many people.
According to trade members, Youth tended to prefer affordable fashion jewellery made of sterling silver, whose properties include brightness, unlike pure silver.
Towards this, Thailand’s Ministry of Commerce, Department of International Trade Promotion (DITP) on Saturday conducted the “Silverline Trade from Bangkok to Bombay Roadshow”. The show targeted members of the Indian gem and jewellery sector, to urge them to visit a forthcoming trade show in Bangkok and place orders to help meet demand in India.
Supatra Sawaengsri, consul (Commercial) and director, Thai Trade Centre, Mumbai, said Thai silver jewellery had special significance for India and Thailand can meet the growing demand from the Indian subcontinent.
“The millennials like silver jewellery and Thailand is the right partner [for] the Indian jewellery industry,” she said.
Saiyam Mehra, COA Member, All India Gem & Jewellery Domestic Council said, “Silver, the ‘democratic’ metal is well within everyone’s reach [and] is gaining ground because it’s precious yet affordable. India and Thailand have many similarities and commonalties in their gems and jewellery trade.”
“Indian silver jewellery exporters, like their Thai counterparts, have a strong handcrafting orientation, design database supported by quality manufacturing operations, mostly by MSMEs. India and Thailand can collaborate and explore synergies to enhance their global exports,” he added.
Mehul Shah, vice-president, Bharat Diamond Bourse and director, Star Brillian said, “With the support of the Thai government, DITP is aggressively pushing export activities to India, Japan, U.S. and the Middle East. Our members will be happy to supply Thai jewellery to the nook and corner of the country.”
Thai officials said the 66th Bangkok Gems & Jewelry Fair would be held in the period February 23-27 in Bangkok.
A finger ring bearing a super rare purplish-red diamond of 1.05 carats on Wednesday set a world record at the famous Christie’s auction in Geneva as it was sold at a whopping price of USD 2.77 million.
The price of the rare rectangular-cut fancy diamond ring of 1.05 carats, established a house and worldwide record of price per carat for a diamond of the specific colour. The stone is mounted on a platinum and gold ring flanked by two heart-shaped diamonds.
Red-coloured diamonds are known to be the most expensive of all diamonds due to their rare occurrence. The reason that brings the colour to red diamonds has been a topic of debate for a long time but several gemologists have attributed it to the presence of the gliding atoms in the structure of the diamond.
A diamond undergoes enormous levels of pressure during its formation which alters its atomic structure imparting a particular colour to the gem.
The 1.05-carat fancy purplish-red diamond with VS2 clarity was bought by Tiara Gems and Jewellery DMCC owned by Dubai-based Indian expat Ashish Vijay Jain.
“The jewelry industry is growing rapidly, becoming more competitive and must be sensitive to consumer sentiment. Amidst the COVID-19 pandemic, there will always be interest for rare stones, which are an investment opportunity,” he said.
Christie’s Magnificent Jewels auction at the Four Season Hotel des Bergues in Geneva featured a curated selection of historic and modern jewellery from all periods as well as the most famous jewellery houses.
The Lakers may have earned NBA championship rings this year, but Clippers forward Paul George made sure his lady love got a sparkler of her own.
Last week, Daniela Rajic announced her engagement to 30-year-old George, who popped the question against a scenic backdrop with an estimated 3-carat ring, according to WP Diamonds CEO Andrew Brown.
“This ring looks to be a high color 3-carat radiant-cut diamond with a large round halo,” Brown told Page Six Style on Wednesday, adding that its retail value is “likely around $50,000-$55,000.”
On Saturday, Rajic — who shares two daughters with George — thanked loved ones and fans for their well wishes on social media, gushing that she’s “over the moon” about the engagement.
“I want to thank everyone for all the love you’ve shown on our engagement!!!” Rajic posted to her Instagram Story. “I haven’t been able to reply to everyone but it hasn’t gone unnoticed & I appreciate all of you!! I’m over the moon celebrating.”
Rajic continued the celebrations over the weekend, modeling a plunging white one-piece from Nude Swim.
“ISSA FIANCÉE,” she wrote on Instagram.
Prior to his romance with Rajic, George had dated Callie Rivers, the daughter of former Clippers coach Doc Rivers. She is now married to Seth Curry, the younger brother of Golden State Warriors superstar Steph Curry.
An extremely rare pink diamond will be auctioned in Geneva on November 11 by Sotheby’s, which says it is worth between $23 and $38 million.
Named “The Spirit of the Rose” after a famous Russian ballet, the 14.83-carat diamond mined in Russia is the biggest ever to go under the hammer in its category — “fancy vivid purple-pink”.
“The occurrence of pink diamonds in nature is extremely rare in any size,” Gary Schuler, head of Sotheby’s jewellery division, said in a statement.
“Only one per cent of all pink diamonds are larger than 10-carats.”
Speaking to AFP, Benoit Repellin, head of fine jewellery auctions at Sotheby’s Geneva, said the oval-shaped diamond was “completely pure.”
The rough diamond was unearthed by Russia’s Alrosa — one of the world’s leading diamond producers — in the Republic of Sakha in the northeast of the country in July 2017.
Repellin said it took a painstaking year for cutting masters to turn the diamond into its polished form.
Sotheby’s said the world auction record for a diamond and any gemstone or jewel was the “CTF Pink Star”, a 59.60-carat oval pink diamond that sold for $71.2 million in Hong Kong in 2017.
According to Repellin, five out of the 10 most valuable diamonds ever sold at auction were pink.
The sale of this gem coincides with the closure of the world’s largest pink diamond mine in Australia after it exhausted its reserves of the precious stones.
The Argyle mine, in the remote Kimberley region of Western Australia, churned out more than 90 percent of the world’s pink diamonds.