Diamonds & Engagement Rings News

RAM-RAIDERS broke through the window of a high-end diamond & jewelry  store in Sydney yesterday, the managed to walk away with up to $5 million in rare pink diamonds.

The thieves used a white stolen four-wheel drive Nissan to smash through the back of the Mondial Neuman store in the 

 The store’s manager Michael Neuman said that this was carried out with “military-style precision”. Michael said he only had a vague idea of what had been stolen. “There were many substantial items of pink diamonds and other natural-colored diamond jewelry. It’s what we’re renowned for”.  

Right now Michael estimates the stolen jewelry to be worth anything between $2 and $5million. The good news he says is “There is still a lot of good stuff they didn’t get”. Staff members had just begun to open the business for the day when the car drove through the window. Luckily no one was hurt.

  Adam Selim, who works in the Queen

 The owners of the vehicle, Tony and Jenny Duddy, said it was stolen from their Drummoyne home. “We’re not all the sure on what time they came- some time in the middle of the night,” said Mr. Duddy, who was the one to discover the vehicle’s whereabouts after reading about the robbery on the Internet. It doesn’t look as if there is much damage according to the police and there was nobody hurt which is the most important thing. 

 A woman working next door to the jewelers saw the dramas unfold. “I was going upstairs to the stock room when I saw the car pull up,” she said. “ It mounted the curb and I just thought it was a bad driver. Then I saw a guy who was masked jump out of the back seat and move a café table out of the way. The car rammed into the window.” She said the man went back to the car to retrieve a bag out of the back seat before entering the store.    A security guard tried to stop the robbers by standing in front of their getaway car, a red Audi sedan. 

We have recently reported about these luxury mobile phones coming to the market a lot these days.

Most recently, we reported about the Diamond Case,  which was being sold for $20,000 and was showcased at CES a few days back. Now, here is another luxury handset for these lavish users and is known as the Motorola KRZR by Goldstriker. 

The Motorola’s KRZR’s front contains 336 of the finest Swarovski’s diamonds. The diamonds are then embedded in platinum onto the phone.  

Goldstriker International, who is extremely known for making the exclusive gold and diamond mobile phones, iPods and other accessories, has made the handset.  

For the people who wish to purchase this phone they can visit the company’s website which is selling the phone for $1200 (approximately Rs. 47,390). This Motorola KRZR phone is available immediately.

 New York- On Thursday the Rapaport Grope announced that it will now be publishing a weekly price list that sums up the best and average asking prices for select categories of diamonds.  

In addition, the Rapaport Grope will also offer the new RapNet Asking Price. Indices (RAPI) for D-H color, IF-VS2 clarity diamonds between 0.30 and 3 carats.  Rapaport will publish the new RapNet Best Price List In addition to its standard Rapaport Price List.  

This new list will present independent asking price data that will reflect the volatile daily market forces and detailed discount information. The primary source of diamond- price information will still however be the standard Rapaport Price List, with its more stable pricing guidelines that are based on the opinion of Rapaport Chairman Martin Rapaport.  

“The new RapNet Best Price list will enable increased transparency ass it provides standardized discount information to the diamond trade.” Rapaport has said in a statement “ Dealers and retailers will now have better information as to the level of trading discounts from the Rapaport Price List. Traders will be able to monitor detailed movements of asking prices on hourly and Daily basis by monitoring RapNet trading screens and the new RAPI indices.” 

RapNet Best Price list will be handed out to the RapNet Diamond Trading Network only and will reflect the conditions of the market.

Gemory LLC has announced that it has come up with a process, which can permanently capture your priceless moments as a photo on a diamond without harm.This new technology allows the inscription photographs on diamonds and other jewels.

Gemory states that it is even able to place several photos side by side, to create a perpetual album. These pictures will be unable to be seen by the naked eye and will require a special viewing device developed by a company called “GemmaView.”

Currently, this new technology has only been used for the inscription of letters or numbers onto the stones.

Patricia Thornton, professor of management at Duke University’s Fuqua School of Business stated: “The technology has many applications in variety of markets, from consumer products to homeland security. This is a venture to keep your eye on.”

Imagine if you were able to give your girlfriend a diamond engagement ring and when she looks into it she sees YOU!

Thanks Barry

When you make the big bucks you can’t be stuck with just any old USB drive like those common folks. You have to stand out from the crowd and spend a small fortune on a diamond encrusted zip drive. Personally I’d be happy with one that was a bright color, but then again I fall under that common category. 

The drive called ICE is being offered by miiSTOR. It is made of Hallmarked platinum and is hand-set with 456 white diamonds. Although I may be one of the few girls to ever say this, but 456 diamonds just seems like overkill.

The ICE USB drive is being sold for $29,000. Which happens to be really close to the price of my dream car, call me practical, but I’d pick the car.

Retail jewelry Web sites trailed only cosmetics and consumer goods in category growth from unique visitors during the month of December, an analysis by ComScore Inc. reveals.

As consumers rushed to complete their holiday gift lists online, the analysis showed that fragrance and cosmetics sites experienced a 30 percent increase in the number of unique visitors between November and December, followed by consumer-goods sites with a 23 percent increase, and jewelry, diamonds, luxury goods and accessories sites with a 22 percent increase, to 24 million unique visitors.

Even on BlackBerry cases Diamonds are a girl’s best friend. Well that’s what Case-Mate seems to think anyway. Exclusively on display at CES is this diamond encrusted case with 3.5 carats and 15 grams of gold that will give your BlackBerry Curve that pimping look.

  It’s valued at $20,000 and will be given away to one randomly selected winner tomorrow at CES. So if you are there check out booth #9104 in the Central Hall you may get lucky. I know if I win - I’ll be off to the pawn shop for gambling money! If this is too rich for you blood check out their website for many other more affordable iPhone, iPod, and.

High oil prices, a weak dollar and fears of a U.S. recession continue to push the price of gold skyward.

Bloomberg news reported that gold futures for February delivery rose to $906.40 an ounce on the Comex division of the New York Mercantile Exchange.

The first time gold topped $900 an ounce was on Friday, when the price jumped $6.50 to $900.10 in morning trading, an all-time high and a psychologically important milestone, The Associated Press reported.

“It’s a reflection of market sentiment: Gold is a hedge against uncertainty and right now it’s the best bet,” Carlos Sanchez, a precious-metals analyst at CPM Group in New York, told the AP. “None of the other investment options look that great and gold does.”

Despite topping $900 an ounce, when adjusted for inflation, gold remains well below its all-time high. In 1980, gold cost $875 an ounce, which would equal $2,115 to $2,200 an ounce today.

Bloomberg reported on Tuesday that prices increased for platinum, palladium and silver as well.

Silver for immediate delivery rose $2.63 to $16.4113 an ounce, platinum increased $1 to $1,578 an ounce, and palladium gained $1.25 to $379.75 an ounce.

Britney Spears was spotted laughing and kissing her new boyfriend Adnan Ghalib while looking at engagement rings, NW reports.

Although her paparazzo lover is married, he allegedly proposed to the singer just hours after her hospital release, triggering huge concern among her family that she’ll run away with the man they feel is taking advantage of a very sick girl. They are desperate to get Britney away from Adnan and into a treatment facility, but the pair disappeared yet again last week, leaving LA for Mexico in a private jet.

It was the second time they’d vanished, with Adnan earlier whisking Brit away from Cedars-Sinai Medical Center, where she’d been held since the dramatic meltdown that ended in a four-hour police siege just two days before.

Windhoek, Namibia - Five Israelis and their pilot have been killed in the southern African nation of Namibia after their six-seater Cessna 210 crashed into a house on take-off from Eros airport.

The five dead were identified as Israeli diamond-cutters, according to the Zaka organisation, responsible for the recovery and identification of body parts.

Officials who are dealing with the incident said that the task of identifying the victims is a very difficult because the plane completely disintegrated.

Moti Ganz, president of the Israel Diamond Manufacturers Association, said that all five crash victims are members of the diamond industry. “In recent years, many diamond factories have been established in the southern section of Africa, and about 50% of Namibia diamond factories are under Israeli ownership,” Ganz said.

The plane, operated by Atlantic Aviation, crashed during a stop-over in the capital Windhoek for refuelling on Friday, while on its way to the Etosha National Park in the north of the country.

Ericsson Nengola, director of aircraft accident investigations at the department of civil aviation, told AFP that according to eyewitnesses, the sound of the plane’s engine did not sound right.

DOF News has learned that the identity of one of the crash victims is Shlomo Silberberg President  of Aloni Diamonds on 47th street in New York City, and 3 of his workers.
Mr. Silberberg is very well known name in the jewelry industry in NYC.

The other names who were confirmed to have been aboard the plane, and have officially been declared missing, are Shmuel Zigdon, Amit Cohen, Ilan Hadadi, and Avichai Abarov.

 We at Diamondsonfifth.com did business with them a few times, bought some diamonds from them, and can’t have better words for them, the all a bunch of great people.