• 2018 World Diamond Congress

    2018 World Diamond Congress

    The Congress successfully took place in Mumbai. Click here to see images from the Congress, and here to see the press releases on the proceedings of the Congress Read More
  • WFDB's Executive Committee Meeting

    WFDB's Executive Committee Meeting

    The WFDB's Asian-Summit-Executive Committee Meeting took place in Hong Kong on February 25
  • Charter on Disclosure of Synthetic and/or Treated Diamonds

    Charter on Disclosure of Synthetic and/or Treated Diamonds

    [click here]
    to download the document in pdf format
  • World Diamond Mark ®

    World Diamond Mark ®

    When the world loves, we are here.

    The World Diamond Mark Foundation is anon-for-profit organisation incorporated in Hong Kong to promote consumer desirability and confidence in diamonds. It’s global objective is to ensure the health and future growth of the diamond and diamond jewellery industry in the luxury market sector. Read More
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  • NEWS OF THE DAY
  • FEATURED BOURSE
  • President's Message

ALROSA: Worldwide Jewelry Sales Increased by 4% in 2018   

Global sales of diamond jewelry grew by 4% in 2018 compared with last year and amounted to $85.9 billion. The growth rate of the global jewelry market was lower than in 2017 (+5%), mainly as a result of a slowdown in key consumption markets in the second half of 2018.

Read this article in the News section

South Korean Diamond Exchange Persuades Govt To Abolish Consumption Tax on Diamonds

Following five years of talks and intensive work by the Korea Diamond Exchange (KDE), the South Korean government has slashed taxes on loose diamonds, says exchange President Nam Chang-Soo.

The individual consumption tax was introduced in 1976 and abolished in December 2018 in time for the new year, he explained.

Read this article in the News section

Open letter regarding over grading certification

The diamond industry is facing a serious challenge to its integrity which could lead to major consumer confidence problems, if diamonds are sold with overstated certification. I want to stress that this is an industry problem that must be resolved by the industry in order to retain consumer confidence in our product and sustain and develop the international diamond trade.

Recently, awareness was raised regarding problems existing within a specific laboratory group and the overstating of grading from certain laboratories in this group, which has led to the exclusion of said laboratories certificates by the Rapaport Group.

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