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 ...

A particularly noticeable drop was recorded in the one-carat diamond segment. By the beginning of November, their cost had ...

About 46% of rough diamonds are for industrial purposes, while 19% are used as gem-quality polished mineral stones. At the close of 2019, diamond stock prices were at the bottom with some diamond ...

a rise attributed to a higher proportion of top value stones whereas the average rough diamond price was down 18%. The high-grading picture was clearest in the Debmarine business which “sweeps ...

Petra Diamonds increased overall average diamond prices by 13% for the first two tenders of its ... Duffy added, “Our combined first and second tenders indicate continued weakness in the rough diamond ...

LAS VEGAS, November 05, 2024--(BUSINESS WIRE)--Diamond prices declined in October but ... became less intense as manufacturers reduced rough imports and production while keeping polished exports ...

SINGAPORE – The diamond industry is finding itself in the rough. In 2024 alone, mined diamond prices have fallen by 10.8 per cent, according to industry expert Paul Zimnisky’s Rough Diamond ...

“Our combined first and second tenders indicate continued weakness in the rough diamond market ... We continue to expect prices to show some improvement in FY 2025, with market fundamentals ...