Diamond

Diamond jewellery worth Rs 2 crore was stolen from a hotel room on November 26 while the family was attending a wedding at night in Jaipur. According to the police, the family alleged the hotel's collusion in the heft. Furthermore, they raised questions on why no action has been taken against the hotel. However, the police is looking into the matter and the investigation is underway. 

World's rare red-diamond studded ring was sold in an auction for $2.77 million in an auction. Interestingly, the piece was bought by Dubai-based Tiara Gems and Jewellery run by an Indian emigrant Ashish Vijay Jain. The 1.05-carat diamond with a VS2 clarity was sold for the whopping value due to its unique colour. Calling it as an "investment opportunity", Ashish said, "There will always be interest for rare stones."

Alrosa, the world's leading diamond producer has discovered a 236-carat rough diamond of deep amber colour, on August 7. The intense yellow-brown colour diamond, which was extracted from the Ebelyakh mine of Russia's Yakutia, is believed to be 120-230 years old. ''This is the largest natural color rough diamond ever found in Russia,” said Alrosa.