De Beers made sharp price reductions at its January sight, with a category of larger, lower-clarity rough seeing the most drastic cut. Rapaport Senior Analyst Joshua Freedman reports on how lab-grown replacement of natural diamonds led to this situation.
The Connection Between Lab-Grown and De Beers’ Price Cuts
The Connection Between Lab-Grown and De Beers’ Price Cuts
De Beers made sharp price reductions at its January sight, with a category of larger, lower-clarity rough seeing the most drastic cut. Rapaport Senior Analyst Joshua Freedman reports on how lab-grown replacement of natural diamonds led to this situation.
The Connection Between Lab-Grown and De Beers’ Price Cuts
More Stories
MJSA Awards $10K in Scholarships to Aspiring Jewelry Designers
Five students will receive the grant to pursue a career in the industry.
22ct. Fancy-Yellow Diamond to Lead Heritage Auction
Pragnell ring has a $250,000 upper price tag at September 28 Fall Fine Jewelry Signature sale.
Jewelers Mutual Names New CEO
Mike Alexander will succeed Scott Murphy, who will retire at end of year.
Featured
Former TSL Procurer Accused of Stealing Diamonds from Suppliers
Hong Kong jeweler has recompensed those who lost money.