The US Imposed Sanctions on Russian Diamonds: Now Rolling Them Back
TL;DR The US stance on the G7 Russian diamond ban reflects a cautious approach towards addressing the complexities of the diamond industry and international relations. The ongoing reevaluation underscores the importance of balancing economic, geopolitical, and industry interests for a…
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…
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…