A crucial change to GIA grading reports could restore confidence among the trade and consumers.

Prices for Rough at TAGS Tender Exceed Expectations
Sale of specials achieves 95% sell-through rate.
The US diamond and jewelry trade is supposed to spring into life in the last week of July as dealers return from their summer vacations ready to fill clients’ holiday demand. But this year it hasn’t.
America’s largest jewelry retailers are pushing off buying under the cloud of President Donald Trump’s tariff policy. The baseline 10% duty on imports from April 5 added to sourcing costs and created deep uncertainty…
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Sale of specials achieves 95% sell-through rate.

Gareth Penny-led consortium would pay $750 million up front, Bloomberg says.

Sales value down 24% in fourth quarter and flat for full year.
A crucial change to GIA grading reports could restore confidence among the trade and consumers.