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.
Antwerp’s diamond industry has encountered plenty of hurdles in the past 20 years. India outcompeted it on costs, taking more and more of the city’s share in the global manufacturing business. Banks reduced Belgian dealers’ access to credit. Covid-19 lockdowns pushed business to Dubai. And Russian sanctions made Antwerp’s mainstays rethink their…
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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.