Diamond Developments You Should Be Following: Week of Jan. 26

Watchmaker says no to diamonds, 12-year-old helps pull off diamond theft, and other stories on the industry’s radar this week.

–  Vacheron no longer wants diamonds on its watches

– India wants to eliminate diamond-industry middlemen.

– Diamond smuggler nabbed at Israeli airport. Congolese smuggler caught in Zimbabwe.

– Rough prices are dropping, Petra CEO says. Gem Diamonds sees prices staying weak. Analysts don’t see dramatic slide. CNN asks: “Time to buy?”

– 12-year-old helps pull off multimillion-dollar diamond theft.

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JCK News Director