If you work in the jewelry industry, you’ve likely heard of Ramat Gan’s Diamond Exchange District. Located just outside Tel Aviv, this bustling district is home to one of the largest and most secure diamond trading centers in the world, the Israel Diamond Exchange (IDE).
As part of our series exploring jewelry districts across the United States and around the globe, we’re taking a closer look at this fascinating hub of diamond and jewelry commerce and how it connects to your work as a jeweler.
What is the Diamond Exchange District?
The Diamond Exchange District, often referred to simply as the “Bursa,” is a tightly knit cluster of four interconnected towers in Ramat Gan, forming the headquarters of Israel’s diamond industry. Within these secure walls, thousands of diamond traders, jewelers, and service providers conduct business every day.
It’s more than just a trading floor, it’s a complete ecosystem. From cutting and polishing to trading and exporting, the district has everything diamond and jewelry professionals need under one roof. This efficiency has helped Israel become a global leader in the diamond market.
RELATED: Exploring the Antwerp Diamond District
A Brief History
The district’s story began in the 1960s, when Israel centralized its growing diamond trade into a single location. At the time, Israel was establishing itself as a major player in the global diamond cutting and polishing industry.
Over the decades, the Diamond Exchange District has evolved to keep pace with a changing jewelry landscape. It expanded to include jewelry manufacturing, design studios, and precious metal services, turning the district into a full-service hub for the jewelry trade.
Today, it remains one of the most respected diamond exchanges in the world, serving as a crucial link between manufacturers, wholesalers, and jewelers on nearly every continent.
Why It Matters for Jewelers Everywhere
You don’t have to work in Ramat Gan to feel the impact of the Diamond Exchange District.
As one of the world’s most important centers for diamond cutting, polishing, and trading, the district influences global pricing, supply, and trends. For jewelers, it represents:
- Networking opportunities with global suppliers and traders.
- Access to high-quality diamonds and finished jewelry.
- A connection to the global jewelry market that drives design and innovation.
Whether you’re sourcing stones, following industry trends, or pricing your own work competitively, what happens in Ramat Gan has ripple effects across the jewelry world, including here in the United States.
RELATED: The Surat Diamond Bourse’s Role in the Jewelry Industry
How We Support Jewelers Like You
As a family-owned Manhattan refinery, we know what it takes to keep your jewelry business competitive—whether you’re designing custom pieces, running a repair shop, or working on a new collection.
We help jewelers turn scrap into opportunity by buying:
- Scrap jewelry
- Bench sweepings
- Other precious metal byproducts
In return, we provide high-quality jewelry-making supplies, including:
This process helps you reclaim the value from your scrap and reinvest it directly into your work, keeping your costs lower and your creativity flowing.
Stay Competitive with Real-Time Market Data
In today’s fast-paced jewelry market, information is power. That’s why we offer a free business portal where jewelers can:
- Access real-time and historical precious metal prices
- Get instant quotes for scrap metal online
- Make smarter buying and selling decisions based on up-to-date market data
Whether you’re trading scrap or purchasing new materials, this tool helps you stay informed and ahead of the curve.
The Diamond Exchange District in Ramat Gan is more than a local landmark, it’s a global powerhouse that continues to shape the jewelry industry. For jewelers everywhere, understanding these international hubs is key to staying competitive in a global market.
At our family-owned Manhattan refinery, we’re proud to support jewelers by turning scrap and bench sweepings into the materials you need to keep creating, and by giving you the tools to make informed, profitable decisions.
Turn Your Scrap Into Opportunity
Exchange your bench sweepings and scrap jewelry for essential supplies like wire, sheet, and casting grain, and gain access to live and historical precious metal prices to guide your business.
Create your free business account today and start making the most of every gram of precious metal.
