A crucial change to GIA grading reports could restore confidence among the trade and consumers.
Gem Diamonds Sales Rise in Solid Market for Large Stones
Increase in first-half average price offsets decline in volume.
De Beers Increases Prices of Large Diamonds
Move reflects intense shortage of 5-carat-plus rough at February sight.
De Beers has raised prices of 5-carat and larger rough diamonds at this week’s sight in Botswana as manufacturers scramble to obtain the in-demand goods.
The move reflects severe shortages of the rough at the miner and on the open market, since global production cuts have had a…
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