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.
De Beers Appears to Cut Prices, Shifts to More Opaque Invoices
Sightholders say new system makes rough less commoditized.
De Beers has reduced prices of weaker rough goods at this week’s sight, sources estimated — but a key change to the miner’s policy has made it harder to calculate adjustments.
The company is no longer providing sightholders with…
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