A surge in demand for lab-grown stones has weakened a key corner of the diamond market, Bloomberg reported. Diamond demand has softened since the pandemic, but the rough-diamond market has seen sharp ...

De Beers reportedly cut rough diamond prices in January, a rare retreat by the industry’s once-dominant broker as slumping demand, lab-grown stones and trade turmoil batter the global diamond market.

Prices for rough diamonds — the raw, unpolished, and uncut stones — have dipped in 2023 as many post-pandemic consumers shy away from luxury goods. According to the Zimnisky Global Rough Diamond Index ...

“A diamond is forever,” but perhaps not for the increasing number of consumers spurning the gemstone for lab-grown counterparts, gold and even other colored gemstones. The slogan was coined by diamond ...

Diamonds have long been the ultimate symbol of love and commitment, their sparkling brilliance forever linked to life’s most emotional moments. Thanks to decades of marketing genius—most notably from ...

Diamond prices are down 18% from their all-time highs in February 2022, and are lower 6.5% year-to-date, according to one Global Rough Diamond Price Index. And market watchers predict their value will ...

“A diamond is forever,” but perhaps not for the increasing number of consumers spurning the gemstone for lab-grown counterparts, gold and even other colored gemstones. The slogan was coined by diamond ...