Diamond giant De Beers slashed the price of its precious solitaires amid plunging sales as bargain-hunting fiancées increasingly opt for cheaper lab-grown gems. Among De Beers’ larger stones, one ...

In an economy where prices are climbing everywhere you look, there’s one bright, shining example that bucks the trend: diamonds. Diamond prices have plunged by 50% since 2022 and are now at a record ...

Forbes contributors publish independent expert analyses and insights. Specialist in global markets, economics and alternative investments. Insuring diamond jewelry has traditionally been simple. The ...

The diamond industry is in freefall. A structural shift driven by lab-grown gems, weak consumer demand, and a pullback in key markets has pushed prices to their lowest levels in years, rattling miners ...

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 ...

Forbes contributors publish independent expert analyses and insights. Specialist in global markets, economics and alternative investments. Investors are grappling with unprecedented uncertainty due to ...

LAS VEGAS--(BUSINESS WIRE)--Diamond-price drops became more moderate in January, especially in the small goods that had seen sharp declines in recent months. Buyers remained cautious due to price ...

De Beers made one of the steepest cuts to its diamond prices in years, as the world’s top producer tries to revive gem sales after the market ground to a halt. The industry almost came to a complete ...

Alrosa, one of the largest diamond mining firms in Russia, has decided to halt its sales of diamonds for two months in a desperate bid to stop prices from plunging. The mining giant will pause sales ...

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 ...

Sandeep Kohli, MD of Indriya expects jewellery demand to strengthen ahead of the festive and wedding season as consumer ...