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The Diamond District

Updated on August 10, 2023

As many people already know, Manhattan Gold & Silver is located in the Diamond District of NYC. The Diamond District is located on West 47th Street between Fifth Avenue and Sixth Avenue.  While some jewelers have their own shops along this strip, most have booths in the 25 jewelry exchanges located in this area.  Each exchange can have as many as 100 separate jewelry or related businesses. In this situation, you don’t have to travel very far to find what you may be looking for.  Simply move five steps in either direction and you will see completely different inventory.  The Diamond District is made up of approximately 2,600 independent businesses, all of them dealing in diamonds, jewelry, gold and other precious metals and stones. 


The area is one of the primary centers of the global diamond industry along with London, Antwerp, Belgium, Mumbai, India, Ramat Gan, Israel and Johannesburg, South Africa.  The district serves as the premier center for jewelry shopping in the city and it is estimated that 90% of the diamonds inthe US enter through the district.  The average day’s trade value in the diamond district is $400 million.

Manhattan Gold and Silver islocated at 45 W 47th Street· New York, NY 10036,in the diamond district.  We look forward to greeting you when you visit this area. 

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