Only a very few experts in the diamond industry could have predicted just how poor the state of the rough diamond market is actually in. This is not just a blip. There are fundamental changes…
Diamond MarketThe Diamond market continues to trundle along like an old time steam engine, struggling to get up the proverbial hill because of heavy burdens and needing to throw heavy baggage overboard to make it to the…
Diamond MarketThese are strange and difficult times for the diamond industry. Prices are down, rough is too expensive, and sight holders, as never before, can defer parcels. A new mine project in Canada is the largest new mine…
Diamond MarketLike a Vegas magic trick – now you see the treatment and now you don’t. On May 12, 2015 GIA issued a laboratory alert that states it reasonably suspects that approximately 500 colorless to near…
Diamond MarketThe pressure on polished diamond prices is intense right now with many categories trending downwards. This is not an across the board decline, the prices of the very popular “bread and butter” categories are staying…
Diamond MarketAs I write this report I can’t help but envision the duck swimming metaphor, everything is calm on the surface but below the surface the feet are paddling like crazy to keep going. There is…
Diamond MarketLike a boxer in the middle rounds diamond prices have taken a hit to the chin and are stumbling into the holiday season. Canada’s mine owners of Diavik mine commit to expansion and more exploration…
Diamond MarketWorld Diamantaires face financing crunch and Global Diamond jewelry sales reach Record Level. EGL reports banned from trading platforms. Rio Tinto celebrates 30 years of pink diamond tenders with release of unprecedented four red diamonds. It should come as…
Diamond MarketIs it the calm before the storm? Not really as prices predicted to roll along in future months. Polished prices remain firm while margins continue to be squeezed. DeBeers announces a change in structure for…
Diamond MarketA slow summer and moderate demand for diamonds. Some fancies selling well but pear and princess sales are flat. GIA grading reports still greatest demand but report times are weeks to months out due to backlog. IDMA warns…
Diamond Market