Bloomberg reported Monday on the price cuts that unnamed sources told the outlet the diamond miner and seller had applied to their initial sale of the gems to sightholders for the year. With the move, ...
De Beers reportedly cut rough diamond prices in January, a rare retreat by the industry’s once-dominant broker as slumping demand, lab-grown stones and trade turmoil batter the global diamond market.
"Hearst Magazines and Yahoo may earn commission or revenue on some items through these links." It’s a humid summer morning in New York, and Mona Akhavi, CEO of Vrai, the lab-grown jewelry line backed ...
Volatility is moderating and demand stays strong, yet capital tied up in depreciating stones is becoming retailers' biggest ...
MUMBAI, (REUTERS) – India’s cut and polished diamond exports have been faltering due to weak demand from the key market, China, and they are unlikely to stabilize unless the government provides ...
India's diamond sector is facing a severe crisis as both imports and exports have sharply declined in the past three years, ...
Ultra wealthy Indians are increasingly placing their bets on pink, blue and yellow diamonds, embracing the rare stones as both eye-catching statement jewellery and long-term investment assets.