Prices for Higher-Clarity Diamonds Are Still Falling
The diamond market experienced a slowdown in April due to various factors. Market Trends in April The 3.5% decrease in the 1-carat RAPI was a major factor in the April price decline for higher-clarity diamonds. Due to seasonal variations and…
The Evolution of Diamonds: From Earth’s Depths to Lab-Grown Marvels
TL;DR Lab-grown diamonds are challenging the dominance of natural diamonds in the market, posing questions about authenticity and value. Diamonds have long been revered as the ultimate luxury item, symbolizing beauty, rarity, and durability. However, the traditional diamond industry is…
Unveiling the Mystery Behind China’s Diamond Slump in 2024
Quick Answer China’s diamond market has suffered due to the country’s real estate crisis and overall economic downturn, leading to a drop in consumer confidence. Consumers are shifting away from diamonds, preferring more stable investments like gold, which has led…
De Beers Group Is Ready for New G7 Diamond Import Regulations
De Beers Group confirms its readiness for the new G7 diamond import requirements, aided by a collaboration with Sarine Technologies for diamond provenance. TL;DR: De Beers Preparations For The New G7 Regulations De Beers Group CEO prioritizes traceability systems, ensuring…
Revival of Indian Diamond Industry: Resuming Rough Diamond Imports From December 15th, 2023
In a decisive move signaling a promising future, India’s gems and jewellery sector is poised to revive its cornerstone – the diamond industry. As of December 15, 2023, the industry will end its strategic pause on rough diamond imports, a…