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Diamond

Indian diamond traders robbed at Paris metro station

PARIS: Robbers have made off with gems worth 300,000 euros (S$488,000) snatched from two Indian diamond traders as they were entering a Paris metro station, a source close to the investigation said Friday. "The two traders were coming…

Eight outrageously expensive gifts ever given

Have you ever thought of returning a gift, unless it’s a compulsion? Well, not. Gifts are always special and even more special when they are thoughtful. Such surprises are usually a token of love, affection, and appreciation. At times,…

World’s biggest uncut diamond sells for $53m

LONDON: British jeweller Graff said on Tuesday it has purchased the world's largest uncut diamond -- roughly the size of a tennis ball -- for $53 million (44.5 million euros). Canadian miner Lucara Diamond sold to Graff the…

For world’s super-rich, a pink diamond is forever

LONDON: For the world's super-rich, the investment of choice is increasingly a very rare naturally pink diamond, an asset class that this year has set records at auction. Tobias Kormind, managing director of 77 Diamonds, which has a shop…

World’s largest uncut diamond fails to sell in London

LONDON: The world's largest uncut diamond failed to sell at auction in London on Wednesday after the bids fell short of the reserve price The Lesedi La Rona, a 1,109-carat, tennis ball-sized gem found in Botswana, had been predicted to sell…