Is It a House of Cards Right Now?
The diamond market has slammed on the brakes as declining prices, oversupply, and low demand create a shaky foundation.
Diamond MarketThe diamond market has slammed on the brakes as declining prices, oversupply, and low demand create a shaky foundation.
Diamond MarketDiamond prices continue their slide, market share of memo goods grows, luxury brands continue their positive gains, and De Beers has a few big announcements.
Diamond MarketIn the past few months, polished prices continued their downward slide, and G7 countries met to talk about sanctions against Russian diamonds, saying they’d continue working toward them.
Diamond MarketAhead of the all-important wedding season, there have been plenty of diamond market developments, from mine deals to tension between De Beers and Botswana and a significant pink diamond at auction.
Diamond MarketThe diamond market is facing a slow start to the year, with manufacturers taking a more cautious approach and buying less rough stock. Polished and lab-grown prices both are down.
Diamond MarketWhile diamond prices are soft, the overall market is healthy. Luxury brands have had a strong year in 2022. Origin tracking of diamonds will become more prevalent in 2023 and the future will bring much more transparency authenticating natural and conflict free.
Diamond MarketOr as Billy Joel sang: Slip slidin' away; slip slidin' away; you know the nearer your destination, the more you're slip slidin' away... It’s that time of year when markets are supposed to be booming and…
Diamond MarketSummer slowdowns and declining prices are the state of the industry. Inventories are robust and the sanctions on Alrosa do not seem to be impacting supplies. Only melee is in short supply.
Diamond MarketThe diamond market for both rough and polished is starting to be a roller coaster ride. Previously, price hikes were focused on larger diamonds, now on melee. Origin is becoming a more important topic, especially with Russian sanctions. GIA is going digital with reports.
Diamond MarketThe current diamond market is on edge waiting for a drop in prices but polished prices for the most part have stayed steady or in a very slight decline.
Diamond Market