An exceptional 5.16 carat blue diamond sold for $6.4 million at Sotheby's Hong Kong Spring Sale and thrilled buyer, Alisa Moussaieff, said she would have bid much higher.

"It's a bargain," she said in an interview after the sale, "and I got it at this price because everyone was asleep." The diamond is a pear shaped, internally flawless, fancy vivid blue.

Rare and Precious Gems, based in Vancouver, Canada, is currently working on republishing their entire website in both Mandarin and English. Once complete, the site will be accessible to three times as many consumers and remove a language barrier for buyers the world over.

The move to an English and Mandarin website will make Rare and Precious Gems one of the only online diamond sellers in Canada that caters to clients in both languages.

Capture the brilliance of summer with this enchanting yellow diamond ring. Skilfully crafted around a mesmerizing 2.04 carat natural yellow diamond, this is a piece of jewelry that's destined to warm hearts for generations.

Evoking happiness and hope with its light and sunny personality, this thoroughly modern handcrafted PinkLuxury ring invites curiosity and celebrates abundance.

While classic white diamonds are still leading the way to the altar, colored diamond engagement rings are gaining ground with brides and grooms-to-be that want a little more wow.

Canada has joined the likes of Antwerp and Isreal by opening the Diamond Bourse of Canada (DBC) in Toronto. The bourse will be fully functional by the end of this month when it launches a unique customs bonded warehouse.

The market for rough white diamonds continues to rise this month and with the Cullinan Heritage Stone recently fetching the highest price for any rough white diamond in history, it's not expected to slow down.

When you want to surprise her with a gift, jewelry is a classic choice. Cherished for a lifetime, the right adornment will become infused with deeper meaning every time she wears it. So before you buy the first thing you see, learn how to make sure your gift isn't going to be lost at the bottom of the jewelry box. Here are a few simple steps to choosing jewelry she'll love to wear.

Whether you're browsing jewelry counters on the web or on the street, when it comes to diamonds, it pays to be educated. Learn how to recognize true value, spot the flim flam men and safely take advantage of glittering deals in the information age.

A rare 5.16 carat blue diamond will be among the champagne, fine art and jewels up for auction at Sotheby's Hong Kong Spring sale on April 7. The fancy vivid blue gem is expected to collect $5.8 million US.

As fashion divas around the world clamour for fancy coloured diamonds, the demand continues to inspire designers to dazzling new heights. The latest style craze, from Lugano Jewelers, is a new line of diamond-studded sunglasses. Designs include a racy leopard print created from natural fancy colored black and yellow diamonds and pictured above, solid gold frames adorned with 2.85 carats of fancy pink diamonds. You won't leave these 27K shades on the beach.