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 diamond industry is in freefall. A structural shift driven by lab-grown gems, weak consumer demand, and a pullback in key ...
Prices for rough diamonds — the raw, unpolished, and uncut stones — have dipped in 2023 as many post-pandemic consumers shy away from luxury goods. According to the Zimnisky Global Rough Diamond Index ...
Prospects for diamond prices are looking brighter as a multitude of factors are set to drive up costs in the coming years. What Happened: A plethora of elements including tighter supply, increased ...
LAS VEGAS--(BUSINESS WIRE)--Diamond-price drops became more moderate in January, especially in the small goods that had seen sharp declines in recent months. Buyers remained cautious due to price ...
Over the past five years, lab-grown diamonds have fundamentally reshaped the diamond jewelry industry, evolving from a niche product into a mainstream choice now accounting for more than 45% of all US ...
DAVENPORT, Iowa — With Valentine’s Day just two weeks away, jewelry stores in the Quad Cities are anticipating a surge in customers looking for the perfect gift. From engagement rings to diamond ...
(NewsNation) – People planning on proposing to their significant others in the near future face a new obstacle: the rising price of diamonds. India has been the largest distributor of diamonds to the ...
Forbes contributors publish independent expert analyses and insights. Specialist in global markets, economics and alternative investments. Investors are grappling with unprecedented uncertainty due to ...
LAS VEGAS--(BUSINESS WIRE)--Diamond prices dropped sharply in July amid slow retail sales and an oversupply in India. The seasonal summer slowdown also had a negative effect on sales. The RapNet ...