News

Every natural diamond is unique. No two diamonds are alike; each diamond has its own characteristics and charm. This is why it is worthwhile to know a few rules that will help you choose the perfect ...
India’s polished diamond exports totaled $773 million in December, reflecting a 10.4% decline in dollar terms compared to December 2023, according to the latest data released by the Gem & Jewellery ...
The high demand for jewelry and a decline of up to 20% in global diamond mining volumes compared to levels recorded 5-6 years ago will drive the industry’s growth, according to Sergey Takhiev, Head of ...
2024 posed significant challenges for the diamond industry, forcing companies to reevaluate their strategies, pivot their focus, and redefine diamonds as genuine luxury items. In a recent analysis, ...
De Beers is reportedly sitting on its largest stockpile of diamonds since the 2008 financial crisis, according to the Financial Times, as cited by IDEX Online. The company now holds an estimated $2 ...
Russian mining giant Alrosa reported a 4.6% decline in diamond production for 2024, with total output falling to 33 million carats of rough diamonds, down from 34.6 million carats the previous year, ...
Jewelry purchases are on the rise in the U.S., with consumers ramping up their spending, according to diamond analyst Edahn Golan. This renewed interest drove a 7.4% increase in revenue compared to ...
In a recent analysis published on his website, industry analyst Edahn Golan examines the seismic shifts reverberating through the diamond industry following the unexpected mid-December announcements ...
In 2023, Russia’s diamond exports decreased by 12% to 32.4 million carats compared to 2022, according to a Kimberley Process (KP) report quoted by Rough & Polished. The value of Russia’s rough diamond ...
Diamond prices fell by 3.12% in July, following declines of 2% in June and 1.02% in May, according to the IDEX Price Index, reported by IDEX Online. This is the sharpest price drop so far in 2024.
Botswana, which depends on diamonds for 80% of its export revenue, is facing economic challenges due to a global decline in demand for the precious stones, IDEX Online reports. The country’s economic ...
The president of the World Federation of Diamond Bourses (WFDB), Yoram Dvash, has voiced concerns over the implementation of the G7 diamond compliance system aimed at curbing the trade in sanctioned ...