Lab-grown diamonds are also being used for money laundering. Late last year, Indian and Hong Kong customs revealed a joint operation in which they discovered “cheap synthetic diamonds were being ...
1-carat RAPI down 1.5%. LAS VEGAS, November 05, 2024--(BUSINESS WIRE)--Diamond prices declined in October but stabilized in the month’s second half. US buyers purchased for the holiday season ...
However, manufacturers were under pressure to sell at deep discounts. The RapNet Diamond Index (RAPI™) for 1-carat diamonds — reflecting round, D to H, IF to VS2 diamonds — fell 1.5% in October.