Every time Robert Charlton cheated on his wife, he bought her some extravagant jewellery to try to make amends. His infidelity cost him nearly £300,000 it emerged last month, when his daughter auctioned off the late couple's jewellery.
A Kenyan mob armed with clubs, spears and bows and arrows killed a prominent Scottish gemstone expert during a dispute over mining in a national park. Campbell Bridges was a pioneer in helping introduce the deep-blue gemstone tanzanite to the international jewelry market.
Gold trading picked up in India, the world's largest consumer, as jewellers took advantage of a price drop to replenish stocks during the festive season, while premiums for kilobars were mostly steady in Asia in the past week.
Jewelry retailer Finlay Enterprises Inc filed for Chapter 11 protection in a Manhattan court late on Wednesday 5 August and said it would sell its assets in an auction supervised by the bankruptcy court.
A rare, 5-carat pink diamond will be sold in Hong Kong this December by Christie's, which expects the stone to hover near world record prices, thanks in part to the buying prowess of top Asian jewelry collectors.
Italy's Bulgari more than halved its quarterly net loss and said sales at its own stores picked up pace in July despite the global crisis still hurting demand for jewellery, watches, perfumes and accessories.