While 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 MarketWhat a great start to the year for the diamond industry. Demand is strong and prices are climbing. Tucson was good for color but even good for those that sold diamonds, being a “non-diamond” gem show.
Diamond MarketIn what is an unprecedented recovery over the prior two years of COVID-19 the diamond market has gained faster and recovered more than any of the other luxury markets and it continues to capture the largest share of expendable income dollars.
Diamond Marketexperiencing new sales highs with shortages and strong demand fueling the rise.
Diamond MarketShortages of rough and increased consumer demand are driving monthly price increases. Predictions of a slowdown in spring did not happen. Inventories at very low levels.
Diamond MarketCompanies shift selling preferences to lab-grown based on profitability and so-called ethical reasons, though sometimes unsubstantiated. Rough diamond prices are on the rise by both DeBeers and Alrosa with India struggling with COVID issues. Argyle is finally closing with an impressive final tender offering fancy color diamonds for the last time.
Diamond Market