News: Diamond market cautious amid China slowdown and US economic uncertainty. Polished prices declining. Inventory remains high. IIJS show reflects upbeat Indian jewelry market and spurs optimism for Diwali. Cutters maintaining lower production and anticipate strong demand for De Beers rough at next week’s sight. Speculation that large manufacturers able to purchase Alrosa rough through non-dollar payment channels. Signet Jewelers inks deal to buy Blue Nile for $360M, lowers FY revenue guidance by 5% to $7.6B vs. $7.8B last year. Titan 1Q sales +169% to $1.2B, profit of $99M vs. $2.3M last year. Sarine 1H revenue -13% to $13M, profit -48% to $6.5M, reflecting drop in rough sales and manufacturing.

From artificial intelligence to verifying a stone’s source, Pritesh Patel — chief operating officer at the Gemological Institute of America (GIA) — shares the lab’s latest tech developments with Rapaport’s Avi Krawitz.

Affordable and requiring no treatment, this olive-hued stone is gaining appeal in the eyes of buyers who seek natural beauty.

The GIA is taking all reports digital by 2025. Retailers throughout the industry have offered positive feedback on this initiative, which will be accompanied by advanced technology that increases the security of a diamond’s identity.