LAS VEGAS--(BUSINESS WIRE)--Diamond prices fell heavily in July as weak retail demand persisted. De Beers’ 5% to 15% reduction in many rough prices contributed to the decline, as did very strong ...
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Diamond Prices Are Crashing
Diamond prices worldwide continue to decline amid a global luxury market slowdown and competition from lab-grown alternatives ...
Diamonds have lost their twinkle in the eyes of the consumer, and industry professionals are sounding the alarms. “The diamond industry is in trouble,” Ankur Daga, founder and CEO of e-commerce ...
Russia diamond giant Alrosa is halting sales in a bid to boost diamond prices, according to Bloomberg. The company will temporarily pause sales of rough diamonds until November. Diamond prices have ...
“A diamond is forever” is what Frances Gerety famously wrote for an advertising campaign for De Beers decades ago. But while a diamond may still be forever, the question today seems to be whether it’s ...
One of the world’s most popular types of rough diamonds has plunged into a pricing free fall, as a growing number of Americans choose engagement rings made from lab-grown stones instead. Diamond ...
Diamond prices have sunk by about 30% since 2022. China's declining marriage rates and embrace of lab-grown diamonds are partly to blame.
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