web analytics
September 29, 2016 / 26 Elul, 5776
News & Views
Sponsored Post
The Migdal Ohr Mishpachton MISHPACHTONIM – Israel’s Children are Your Children.

Support Migdal Ohr by purchasing letters in the Torah Scroll that will be written in honor of Rabbi Grossman’s 70th Birthday.



Israel Shows Off $2 Billion in Precious Gems at Exhibition



Printer-Ready Page Layout
JewishPress Logo



The Israel Diamond Exchange hosted a four-day event this week, exhibiting $2 billion worth of diamonds and executing sales in the hundreds of millions of dollars.

More than 40 lots of diamonds and precious stones were sold for more than $1 million, and one auction sale fetched $168,000 for a pair of pear-shaped emeralds from Zambia, according to the Israel Diamond Institute.

Hundreds of companies from around the world attended the show, feeding the Diamond Exchange’s hopes to increase trading that already has a turnover of approximately $25 billion a year.

Reuven Kaufman, president of the Diamond Dealers Club, the largest trading center in the United States, told Reuters, that he thinks trading at the Israeli exchange will increase. “There is more confidence in America today. They feel America’s coming back. I think because of that we’ll see a good Christmas season,” he said.

 

Jewish Press News Briefs

About the Author: JewishPress.com brings you the latest in Jewish news from around the world. Stay up to date by following up on Facebook and Twitter. Do you have something noteworthy to report? Submit your news story to us here.


If you don't see your comment after publishing it, refresh the page.

Our comments section is intended for meaningful responses and debates in a civilized manner. We ask that you respect the fact that we are a religious Jewish website and avoid inappropriate language at all cost.

If you promote any foreign religions, gods or messiahs, lies about Israel, anti-Semitism, or advocate violence (except against terrorists), your permission to comment may be revoked.




Imported and Older Comments:

to “Israel Shows Off $2 Billion in Precious Gems at Exhibition”

Comments are closed.

Current Top Story
Israel's Ninth President, Shimon Peres
AIPAC Mourns Shimon Peres, Indefatigable Advocate for Justice [video]

Printed from: http://www.jewishpress.com/news/breaking-news/israel-shows-off-2-billion-in-precious-gems-at-exhibition/2013/08/29/

Scan this QR code to visit this page online: