Rapaport Group offered customers to take part in the auction, which will take place 9-18 August, and at which the company will offer for sale the "first one hundred percent natural, not subjected to a treatment to improve the characteristics of diamond-mele" in an attempt to solve a big ethical problem facing the industry . In a press release issued by the Group on Wednesday, reads as follows:
The diamond industry is under increasing pressure due to the unethical behavior of dealers who mixed synthetic diamonds in the Party of natural diamonds. While checking some larger diamonds seems economically feasible, checking batches of small diamonds ( "chalk"), which may contain thousands of individual stones, as a rule, is not economical. As a result, the party chalk are often sold without testing in the industry, resulting in the sale to consumers of synthetic diamonds under the guise of natural. The fact that diamonds-mele mainly sold without testing helps mixes the synthetic and deception. This is - a big ethical problem for the industry that can cause serious damage to consumer confidence if the substitution is detected.
Rapaport Group believes that seems vital to support the industry and to ensure the trust of consumers by creating a legitimate distribution channels of natural diamonds, chalk, not subjected to the treatment in order to improve performance. Therefore, we offer customers the opportunity to purchase a party at one hundred percent proven diamond-mele, where every single stone tested in order to ensure that it is natural and is not subject to the beautification of the diamond. In addition, we also offer party-mele diamonds that passed spot checks by 99% with a tolerance of error of 1%.
The first party is one hundred percent natural and neoblagorozhennyh diamond-chalk, as well as the party, the last spot checks will be offered for sale at the upcoming auction of the Rapaport, which will be held August 9-18. The price of these diamonds party will be established by bidders.
Rapaport The company will also offer not participating in the auction, the buyer the opportunity to place their own orders for diamonds, chalk and larger diamonds, which will control the quality and belonging to synthetics by Rapaport company before delivery to customers. Among Rapaport work RapLab laboratory quality control, located in Mumbai, Ramat Gan and New York.
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According to the World Gold Council (World Gold Council, WGC) "Trends in demand for gold" (Gold Demand Trends), gold consumption in China in the first quarter of this year decreased by 12% to 241.3 tons. In the first quarter of 2015, demand for gold in China amounted to 275.4 tons.
Demand for gold jewelry fell by 17% in the reporting quarter, to 179.4 tonnes compared with 216.3 tonnes in the same period of 2015, due to a slowdown in the Chinese economy. In addition, the consumption of gold jewelry in China fell in the first quarter as gold prices rose on a background of economic recession, the report said.
Investment demand for bars and coins rose by 5% to 61.9 tonnes compared to 59.1 tonnes in the same period in 2015. This was due to a rise in prices and against the background of New Year celebrations in the lunar calendar in China in the first quarter. A number of large commercial banks reported an increase in sales of investment products based on gold, although regional differences in demand were seen. In the east of China gold consumption was higher than in the south, where demand was reduced, concluded in WGC.
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