For the first time, more than half of couples The Knot surveyed chose synthetic stones.
Items costing less than $5,000 showed strongest consumer demand.
Items costing less than $5,000 showed strongest consumer demand.
For the first time, more than half of couples The Knot surveyed chose synthetic stones.
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Market Comment – Mar. 13, 2025
Polished prices increasing for round, 0.89 ct. and smaller, D-K, IF-SI1 goods, but discounts deep. 1 ct. stabilizing.
US retailers paying high premiums for round and fancy, 2.50 to 2.99 ct., F-H, VS-SI diamonds with no center black.
Melee improving. Inventories low. Manufacturers must keep production under control.
Hong Kong loose-diamond show better than expected, with exhibitors closing sales on final two days. Some inquiries from Chinese buyers for small goods, though few of them attended. Jewelry show reflects shift to lighter-weight pieces as gold price keeps rising (+13% since Jan. 1 to $2,952/oz.).
US tariffs likely to reduce China’s jewelry manufacturing.