creating a rough diamond that is cut and polished. The process takes about 10 to 12 weeks. Good said the lab-grown diamonds simply offer consumers another choice and young buyers like a product ...

It spent $20.2 billion on diamonds in 2019 or 19.2% of the global market share. About 46% of rough diamonds are for industrial purposes, while 19% are used as gem-quality polished mineral stones.

Rough diamonds, fit for cutting, are sold at 41 13s. 4d., to 42 the carat. A carat is rather more than three grains, and 156 carats equal to one ounce Troy. But if the stones ' are above one carat ...

To counteract the softness in the rough diamond market, Petra deferred in August the sale of a significant portion of its South African diamonds. Its combined first and second tenders, however ...

Sanctions on Russian diamonds, imposed in response to the war in Ukraine, have damaged business in Surat, India’s diamond polishing hub. Many of the city’s diamond artisans from lower-income ...

The fall in exports forced the world's biggest diamond polisher to reduce imports of rough diamonds by 18% from a year ago to $14.27 billion in the financial year ended March 31, the Gem and ...

Fluctuating global diamond prices have added to this uncertainty, causing buyers to hesitate in purchasing rough diamonds. Moreover, the Russia-Ukraine conflict has disrupted the global diamond ...