The RapNet Diamond Index (RAPI (TM)) for 1-carat goods -- which tracks round, D to H, IF to VS2 diamonds -- dropped 1.7% in October. RAPI for 0.30 and 0.50 carats fell 4.4% and 2.8% respectively. The ...
Diamond giant De Beers slashed the price of its precious solitaires amid plunging sales as bargain-hunting fiancées increasingly opt for cheaper lab-grown gems. Among De Beers’ larger stones, one ...
FAIRFAX, VIRGINIA, USA, February 15, 2024 /EINPresswire.com/ -- Petra Gems, a leading platform for insights related to diamonds, gems, and jewelry, is thrilled to ...
De Beers has cut diamond prices by 10-15%, a historically large reduction, in response to falling demand and the rise of synthetic diamonds. This move signals a significant shift in the diamond market ...
Lab-grown diamond prices have now plummeted due to increased production in China and India, and the movement of trade is coming back to natural gems ...
Forbes contributors publish independent expert analyses and insights. Desperate times call for desperate measures, an old saying which explains why the world’s diamond miners have started “high ...
De Beers plans to stockpile unsold diamonds after the world’s biggest producer responded to plunging prices by allowing its buyers to refuse to purchase all the stones they’re contracted to buy. “We ...
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