【Hong Kong】Global Diamond Prices Plunge 35%, Industry Giants Step In to Support Market
Editor’s NoteThe global diamond market is experiencing a significant correction, with wholesale prices for both polished and rough stones falling…
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【Botswana; Gl】Industry Giants Take Extreme Measures to Halt Price Plunge, Can the Diamond Market Recover?
Editor’s NoteThis article examines the shifting dynamics in the global diamond industry, highlighting how traditional powerhouses like De Beers are…
【Yakutia, Rus】Russian Company Finds Record Diamond, Cannot Sell It
Editor’s NoteThis article reports on the discovery of a record 390.7-carat diamond in Russia, the country’s largest in over a decade. It also notes…
Why the Price of ‘Eternal’ Diamonds Has Fallen
Editor’s NoteDe Beers has slashed prices for rough diamonds by up to 40% over the past year, a dramatic move reflecting weakened demand. The company…
【中国】Diamond Prices Plunge: Is Buying a Diamond Ring for Love an IQ Tax?
Editor’s NoteThe traditional diamond market is undergoing a significant transformation. As prices for rough stones fall sharply, the long-held…
【Antwerp, Bel】Paying the ‘IQ Tax’! ‘Diamond Bought for 8000 Yuan Now Only Worth 600 Yuan in Resale’
Editor’s NoteA significant shift is underway in the luxury goods market. As reported by CCTV Finance, the price of certified diamonds has fallen…
【德国】Russian Diamonds: Sanctions Could Shake the Global Market
Editor’s NoteThis article, based on a New York Times report, examines the potential global market implications of new G7 sanctions targeting Russian…
【Belgium】Russian Diamonds: G7 Considers Measures Amid Ukraine War
Editor’s NoteThis article discusses the G7’s move toward banning Russian diamond imports, a significant step that could reshape the global diamond…
【London, UK】Global diamond prices tumble as cheaper, lab-grown gems soar in popularity
Editor’s NoteThis article examines the sharp decline in natural diamond prices, driven by an oversupply of Russian gems and growing competition from…
【Mirny, Yakut】Record Diamond Found in Russia – But Sanctions Could Prevent Sale
Editor’s NoteThis article examines the commercial challenges facing Russia’s diamond industry following a record gemstone discovery, highlighting how…