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World Federation Of Diamond Bourses

Expect a Soft Holiday Season and G7 Sanctions

President’s Letters

Dear Friends, As we enter the busiest season for the world diamond industry, the major diamond centers are facing weak demand. In Israel trading is slow due to the war. The freeze on rough imports has provided some relief to India, but Surat is operating at a fraction of capacity. In Belgium trading is steady … Read more

Our Industry is Changing and This is Good

President’s Letters

Dear Friends, We just concluded the 40th World Diamond Congress in Israel. The previous Congress was held virtually, by Zoom, at the height of the Corona virus pandemic in September 2020. This Congress marked the first opportunity to bring so many of our friends together. The theme was “Change and Innovation in the New Diamond … Read more

Interview with Elliot Krischer, President of the New York Diamond Dealers Club


Q. What are your current titles/functions in the diamond industry, both private and organizational? I am partners, with my brother, in Esskay Gems. In addition, for many years I have served in various roles on the board of the NY Diamond Dealers Club, and am currently the President of the Organization. Q. Tell us about … Read more