Buying a diamond is about to get more expensive, industry experts told Business Insider. That's due to a number of pandemic distortions that are finally working their way out of the industry. Prices ...
Diamonds, once revered as a symbol of "eternal value" and commanding the highest prices among gemstones, are seeing their value collapse. Unlike gold prices, which have more than doubled over the past ...
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, ...
Forbes contributors publish independent expert analyses and insights. Specialist in global markets, economics and alternative investments. Insuring diamond jewelry has traditionally been simple. The ...
Diamonds have lost their twinkle in the eyes of the consumer, and industry professionals are sounding the alarms. “The diamond industry is in trouble,” Ankur Daga, founder and CEO of e-commerce ...
De Beers has cut diamond prices by 10-15%, a historically large reduction, in response to falling demand and the rise of synthetic diamonds. This move signals a significant shift in the diamond market ...
The 3-carat diamond price index dropped by 0.3% in April and by 0.9% year-to-date MOSCOW, May 7. /TASS/. Diamond prices surge dramatically in early April after announced customs tariffs in the US but ...
The cost of diamond engagement rings is on the rise despite a wider, long-term slump in global prices. While prices vary significantly based on carat, cut, color, and clarity (the "Four Cs"), data ...
Sept 4 (Reuters) - Lesotho's biggest diamond mine, Letseng, has laid off 240 workers, a fifth of its workforce, as it battles persistently low gem prices due to weak demand and an uncertain global ...