【加拿大】Anglo American Considers Third De Beers Writedown as Diamond Crisis Deepens
Editor’s NoteAnglo American is considering a third consecutive writedown for its De Beers diamond unit, reflecting the deepening crisis in the…
Market Crisis
【Rajasthan, I】Unprecedented Surge in Gold and Silver Prices Stuns Rajasthan’s Bullion Markets, Traders Say Boom Brings Losses, Not Gains
Editor’s NoteThe recent, unprecedented surge in precious metal prices is reshaping market dynamics and consumer behavior. This report from Rajasthan…
【Raebareli, I】Gold Market: Rising Prices of Gold and Silver Put Bullion Trade in Crisis, Markets Remain Dull Even During Sawan
Editor’s NoteThis report highlights the economic strain on local bullion markets, where soaring precious metal prices are deterring customers and…
【中国】Giant Suddenly Announces: Price Cut! What Cost 18,000 Yuan 10 Years Ago Now Sells for Only 180 Yuan, “Should Have Bought Gold Instead”
Editor’s NoteThis article discusses the ongoing challenges in the global diamond industry, including shifting consumer demand and market pressures,…
【中国】Unsellable? Diamond Prices Plummet, Giant Announces Price Cuts! A Ring Bought for 18,000 Yuan Ten Years Ago Now Sells for Only 180 Yuan, While Gold Prices Soar Over 400%
Editor’s NoteThe diamond industry continues to face significant headwinds, with the world’s largest producer, De Beers, announcing further price…
De Beers Cuts Prices and Acknowledges Pressure in Diamond Market
Editor’s NoteThis article highlights a significant shift in strategy by De Beers, as it ends market support measures and cuts prices for the first…
The diamond industry has been searching for a way out of its biggest crisis for years. Taylor Swift just served it up on a silver platter.
Editor’s NoteThe diamond industry faces an identity crisis as lab-grown gems reshape its foundations of exclusivity and value. This article explores…
【Global focus】The Diamond Industry in Crisis
Editor’s NoteThe natural diamond industry faces significant disruption from the rise of lab-grown alternatives, a shift that leading figures like De…
【法国】Anglo American Penalized by Diamond Market Debacle
Editor’s NoteAnglo American’s $3.1 billion net loss for 2024 underscores the severe and ongoing challenges within its De Beers diamond unit, which…
【London, UK /】The Diamond King Stumbles: De Beers’ Crisis Threatens an €80 Billion Business
Editor’s NoteThis article examines the end of De Beers’s secretive “sight holder” sales system, a decades-old practice that shaped the global diamond…