De Beers to Stop Producing Lab-Grown Diamonds for Jewelry

NewsBrief

June 3, 2024

De Beers will cease creating synthetic diamonds for its Lightbox consumer brand in a strategic revamp that will also see it manufacture and sell natural polished.

Christie’s Finds Hackers Stole ‘Some’ Data During Security Breach

Cyberattackers took a limited amount of personal client information, but not financial or transactional, according to company.

Sanaz Doost: East Meets West with a Twist

The Toronto-based jeweler translates her Iranian heritage into modern designs that are handcrafted in Canada.

Three Questions for the Trade About Diamond Marketing

Botswana, bridal and the rough sector all have roles to play.

News Digest:

How Tanishq Broke Into the Bridal Jewelry Market in India

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(MInt)

Bag Charms and Brooches Are Back as Luxury’s New Entry Point

(Vogue Business)

Market Comment: May 30, 2024

(Rapaport)

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RapNet Diamond Index (RAPI™)

Diamond Data

Size

Index

Weekly

Monthly

Y2Y

0.30 ct

1,281

-0.60%

-4.24%

-18.80%

0.50 ct

2,007

-0.64%

-1.57%

-18.85%

1.00 ct

5,523

-1.05%

-3.74%

-21.82%

3.00 ct

20,577

-0.47%

-2.36%

-13.62%

Rapaport Investment Grade Diamonds