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Price declines and changing preferences have contributed to rise of synthetics, says insurer.
Average per carat down 18% to $59 for 2025.
Minister of employment and economy is looking to reserve the term “diamond” for natural only.
De Beers sightholder reaffirms commitment to responsible sourcing and local beneficiation.
Ring carries a $700,000 high estimate at March 19 Jewels Online sale.
Financing is in addition to $84.9 million it received in December.
Deeper promotions boosted retailer’s top line in fourth fiscal quarter.
Some 49% of attendees expect overall sales in the industry to remain stable, while 44% believe market will improve.
Necklace and unmounted gemstone bring in $83,050 each at recent Los Angeles sale.
Full-year revenue down 58% due to tariff impact and mining halt.

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