Here’s how you can select the perfect ring for your outfit this festive season

More often not, attires embody personalities. Right from beautiful or wearing long, flowy dresses if you wish to make an entrance to high heels in order to create a long-lasting impression, each piece in your wardrobe defines who you are. But, do you know the role jewellery plays in making a look stand out?

“Wearing the right ring which connects with you can certainly make you one of a kind – helping you standing out in a crowd,” says Chaitanya V Cotha, executive director of C Krishniah Chetty Group Of Jewellers. Ahead, he shares some easy tips you can keep in mind when you go on to select the perfect ring for your ensemble.

Statement rings

If you are someone who loves to stand out, then statement rings are perfect for you. Whether it is for the festive season, a date or an award ceremony, a great way to accentuate your elegant dressing is by wearing a statement ring. 

“While diamonds are a girl’s best friend, the shine can be courtesy of a classic multi-banded diamond ring. However, if you wish to keep it understated, a classic gold ring with hints of blue can be just the thing you desire” says Cotha.

Stackable Rings

When it comes to accessories we have all often been told that less is more. The idea has gained popularity through the introduction of stackable rings. 

“These are a set of rings, worn one over the other and have either a single colour tone or similar design feature running through. While you can wear as many as you want, an appropriate number of such rings that seems to suit the hands of all is 3 rings” says Cotha.

Here’s how he explains it: There are many rings in the collections that will serve as wonderful stackable rings. Go for rings with hints of gold and subtle design. “Wear the classic diamond ring with a single centre-piece at the bottom” suggests Cotha.

Funky cocktail rings

We are all fans of sleek golden and silver rings but when you add accessories with a hint of humour and funk, you know you are in for a fashionable ride. “From animal-print rings to ones in unique shapes and sizes – all shall be available in the jewellery box of the one who loves funky rings,” says Cotha. Go for rings which go all out in terms of design and style them with simple dresses to let your ring garner all the attention it deserves. 

Ultra-Rare Pink Diamond To Go Under Hammer In Geneva

An extremely rare pink diamond will be auctioned in Geneva on November 11 by Sotheby’s, which says it is worth between $23 and $38 million.

Named “The Spirit of the Rose” after a famous Russian ballet, the 14.83-carat diamond mined in Russia is the biggest ever to go under the hammer in its category — “fancy vivid purple-pink”.

“The occurrence of pink diamonds in nature is extremely rare in any size,” Gary Schuler, head of Sotheby’s jewellery division, said in a statement.

“Only one per cent of all pink diamonds are larger than 10-carats.”

Speaking to AFP, Benoit Repellin, head of fine jewellery auctions at Sotheby’s Geneva, said the oval-shaped diamond was “completely pure.”

The rough diamond was unearthed by Russia’s Alrosa — one of the world’s leading diamond producers — in the Republic of Sakha in the northeast of the country in July 2017.

Repellin said it took a painstaking year for cutting masters to turn the diamond into its polished form.

Sotheby’s said the world auction record for a diamond and any gemstone or jewel was the “CTF Pink Star”, a 59.60-carat oval pink diamond that sold for $71.2 million in Hong Kong in 2017.

According to Repellin, five out of the 10 most valuable diamonds ever sold at auction were pink.

The sale of this gem coincides with the closure of the world’s largest pink diamond mine in Australia after it exhausted its reserves of the precious stones.

The Argyle mine, in the remote Kimberley region of Western Australia, churned out more than 90 percent of the world’s pink diamonds.

Egyptian exports of gold, jewellery, and gemstones reach $2.4bn in 9M 2020

Egypt’s exports of gold, jewellery, and precious gemstones continued to rise during the first nine months (9M) of 2020, recording $2.4bn, up from $1.392bn during the same period of last year.

This year’s exports reflected a rise of about 76% on the previous year.

The monthly report issued by the Export Council for Building Materials, Refractories, and Metal Industries, stated that those exports were directed to 32 countries during 9M of 2020. This included five countries that Egypt did not export to during the same period last year, including Madagascar, Austria, South Korea, the Czech Republic, and Croatia.

The report added that seven countries accounted for 99.8% of the total exports for the sector in Egypt, led by the UAE, which ranked first in terms of importing countries of jewellery and gemstones. The UAE accounted for 69.7% of Egypt’s exports in the sector, with a value of $1.703bn, up from about $924m during the same period last year, reflecting an increase of 84%.

It was followed by Canada, which accounted for 21% of the sector’s total exports, with a value of $513m compared to $439m in the previous year, an increase of 17%. Australia came third with exports worth $159m compared to only $2,000 last year, while exports to Switzerland increased, recording a value of $39m compared to $8,000 during the same period last year.

Egyptian jewellery and precious stones exports to Turkey reached about $13m during 9M of 2020 against $96,000 in the previous year, while Bahrain ranked sixth in terms of importing countries with a value of $9m against $4,000. This was followed by Lebanon with $5m worth of Egyptian exports, against $1.03m in the same period of the previous year, with Saudi Arabia ranked eighth with a value of $3m compared to $27m, a decline of 88%.