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 ...
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 ...
FAIRFAX, VIRGINIA, USA, February 15, 2024 /EINPresswire.com/ -- Petra Gems, a leading platform for insights related to diamonds, gems, and jewelry, is thrilled to ...
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World Diamond Council head says lab-grown gems losing their sparkle
Lab-grown diamond prices are collapsing due to increased production in China and India, undermining confidence in synthetic gems.
Geneva’s November auctions will showcase the 9.51-carat “Mellon Blue” diamond, a Fancy Vivid Blue gem valued at up to $30 ...
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 ...
It’s no surprise that many of the products we use every day for skiing, climbing, mountain biking, and other sports are manufactured outside of the United States. For years, the outdoor industry’s ...
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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