Having trouble viewing this email? View it in your browser.
To unsubscribe, reply with Unsubscribe in Subject line.
Julius Klein Eliaz Diamonds

DIamond Market Report

Initial feedback from Black Friday and Cyber Monday exceed cautiously optimistic expectations giving further impetus for last minute trading activity in lead-up to Christmas.

Notwithstanding this it is expected that mass-market retailers will maintain relatively lower levels of inventory on the back of concern about the health of consumer market. At the upper end of the market the outlook seems a little more optimistic as luxury retailers continue solid momentum garnered in the third quarter of 2009. Polished prices are firming up driven primarily by scarcity of available relevant goods on the market. Strong U.S. demand for round and square 1-2 carat F-H color, VS-SI clarity goods. Larger better quality diamonds in strong demand across the board while there seems to be a pick-up in smaller goods probably due in some part to Indian wedding season.

Back to top^ Hr

Market news

World’s Most Expensive Pink Diamond

A rare pink diamond sold for a record $10.8 million in a Christie’s Magnificent Jewels sale in on December 1 proving the market for high-end goods in Asia hasn’t lost its luster.
Demand exceeded Christie’s’ expectations. Last week the auction house’s department head for jewels, Vickie Sek, predicted the rock would fetch $8 million.

"Vivid Pink" 5ct Pink DIamond

“Vivid Pink,” as it’s called, is a glittering five-carat stone flanked by two white diamonds and set in a ring by elite jeweler Graff, owned by U.K. billionaire Laurence Graff.

The glamorous diamond toured Singapore, Bangkok, Geneva and Taipei before returning to Hong Kong, where collectors and connoisseurs vied for it at the Convention and Exhibition Center.

An anonymous Asian buyer placed the winning bid of $83.5 million Hong Kong dollars via telephone through a Christie’s representative, beating out Shanghai millionaire Liu Yiqian, who ranks 196th on Forbes’ list of the richest people in mainland China.

It was on the block alongside 250 other gemstones, jades and pieces of jewelry in every color of the rainbow from the likes of Cartier and Van Cleef and Arpels. (source Forbes)

Back to top^ Hr
JK Eliaz

Retail news

Analysts See Recovery in Sales of Luxury Goods Next Year

Sales of luxury goods will return to growth next year, with sales estimated to rise by 5% and core profit by 17%, according to a Bank of America Merrill Lynch report presented at the Milan Fashion Global Summit.

Paola Durante of Bank of America Merrill Lynch in Italy said the effects of cost-cutting and efficiency measures luxury goods makers have been carrying out this year will be evident in 2010, according to a report by Reuters.

The report said China remains the “fastest-growing major market for luxury brands.” Ms Durante warned, however, that companies should not abandon the mature markets of Europe and Japan, which remain “very important," while looking for growth in emerging markets. (Courtesy Jewellery News Asia Chinese Edition)

DTC Anticipates Slightly ‘Brighter’ Future for Diamond Market

The Sunday Standard reported that Diamond Trading Company (DTC) Botswana experienced a more positive second quarter this year and that it is more optimistic with regards to the near future.

“The ninth sight was quite favorable and there are hopes that the tenth (last) one would be more favorable,” said Kago Mmopi, spokesperson for DTC Botswana. “Normally, this is the time for diamond polishers to buy,” he said, adding that “whatever happens next month is likely to set the trends for next year’s performance.”

Continuing to raise the mood, DTC London’s ninth sight was the best this year, prior to Thanksgiving in the US and Christmas shopping.

Back to top^ Hr

From Our Inventory

We are honored to invite you to visit and register on our web site www.eliazdiamonds.com. We hope it will be helpful any time you would like to find suitable stones. If you feel any inconvenience with our search system, please contact dina@eliazdiamonds.com who will assist you.

The following is a sample of some of the diamonds we currently have on offer:

Name Sh Wt. Col Cla Lab Dep Tab C Pol Sym Meas.
B30-67457 BR 3.49 G VVS1 GIA 61.1 57 N EX EX 9.88x9.8x6
B30-67456 BR 3.55 H VVS2 HRD 61.5 57 P EX VG 9.82x9.89x6.1
B30-66450 BR 3.13 I VVS1 HRD 61.7 56 VS EX EX 9.42x9.32x5.8
MAY-161786 BR 4.13 D IF GIA 61 58 VS EX EX 10.3x10.4x6.3
B60-66139 BR 6.15 F IF GIA 62 56 VS EX EX 11.9x11.7x7.3
B70-66983 BR 7.65 G VVS1 HRD 81.4 58 P VG VG 12.7x12.8x7.8
B80-61442 BR 8.34 H VVS2 HRD 43.5 56 P VG G 13x13x8
MAY-175320 BR 9.05 I IF HRD 45 61 P VG G 13.5x13.6x8.2
KLJ-10770 HS 7.98 G IF GIA 54.7 53 VS VG G 13x13.9x7.6
MAY-167226 PS 5.15 F SI1 GIA 63.1 56 NO VG VG 16.5x9.37x5.9
E99-22901 EM 12.37 H VS1 HRD 52.5 61 P EX G 15.2x11.9x7.8
Back to top^ Hr
JK Eliaz

 

In this issue

Small Hr

Message from the President

Dear Customers,

2009 was a turbulent year for the diamond industry.

The global economic downturn heavily affected the trading markets in the first quarter. The business volume weakened drastically as a result of the turmoil in the world’s financial system that has spilled over into the macro-economic environment, with an inevitable impact on consumer demand in particular. However, both on the consumer and trade levels – have, comparatively speaking, performed better by displaying an increased trading activity in the final weeks before Christmas and New Year.

Our company is acutely conscious of this and continually strives to ensure our customers are satisfied with their diamond purchasing experience with Julius Klein Eliaz Diamonds. Please do not hesitate to call us for your last minute Holiday Season requirements and put us to the test.

We also take the opportunity to wish you a prosperous new year!
Small Hr

About Us

For over three decades, Julius Klein - Eliaz Diamonds has been internationally recognized as one of the leading manufacturers and distributors of exceptional quality diamonds. Julius Klein-Eliaz Diamonds is based in Israel’s diamond exchange and is an affiliated company of the Julius Klein Group, one of the best known names in the global diamond industry and a De Beers’ Diamond Trading Company (DTC) Sightholder client.

The company first opened its doors in Tel Aviv, Israel on 1980. Established by Mr. Azri Garty, the company commenced as a buying agent and after a few years began its manufacturing operations. In 1995 Eliaz was promoted to be the DTC sightholder client. Since inception, the company has grown into a multinational business and was named one of Israel’s top 30 exporters in 2003 by the office of Israel’s diamond comptroller under the auspices of the Ministry of Industry, Trade & Employment.

All manufacturing is done in-house across our global manufacturing infrastructure network spanning Tel Aviv, New York, Johannesburg and Windhoek. We employ the highest level of master craftsmanship fused with the latest and most sophisticated manufacturing technologies. Our stock includes round and fancy shapes from 0.30 carats up to 50.00 carats, in a wide variety of colors and clarity grades and a very large inventory of GIA, HRD & IGI certificates.

The factor that differentiates us from other diamond manufacturing companies is our unmatched ability to provide fast & effective solutions to all diamond buying needs of our customers. This is done by continually holding a significant inventory as well as having sales offices in Tel Aviv, Hong Kong, Antwerp, New York and Beverly Hills. Julius Klein-Eliaz Diamonds is perhaps best known for its large and important diamonds, particularly for diamonds of two carats and above, where there is probably no other diamond company in the world today with a more substantial inventory.

Julius Klein - Eliaz Diamonds participates as an exhibitor at every important trade show throughout the year including those in Hong Kong, Macao, Mumbai, Dubai, Las Vegas and Basel.

Being in the diamond business for three decades, we believe that our success is very much a direct consequence of our customers’ success.
Small Hr

Contact Us

Julius Klein-Eliaz Diamonds Ltd.

Diamonds Exchange,
Maccabi Building, 14th Floor,
1 Jabotinsky St., Ramat-Gan,
52520 Israel

Tel.: +972 3 5753347
Fax: +972 3 5753567
E-mail: info@eliazdiamonds.com

Julius Klein-Eliaz Diamonds Europe BVBA

Antwerpen, Belgium

Tel.: +32 473 552 091
E-mail: info@eliazjkeurope.com

Julius Klein-Eliaz Diamonds Asia Ltd.

Units 402-403, Winway Building,
50 Wellington St.,
Central, Hong Kong

Tel.: +852 3421 1555
Fax: +852 3421 1551
E-mail: info@eliaz.com.hk

Email
Small Hr

Forward this email

Do you know someone who might be interested in receiving this monthly newsletter?

Forward
Small Hr
Israel DIamond Institute

Powered by the IDI
Julius Klein Eliaz DIamonds