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Retailers say they need to sell large volumes to make good money.
US and European clients demanding self-certification even for goods under 1 carat.
The aging of the industry, the difficulties of owning a store these days and the lack of new blood are contributing to a systemic decline of independent retail jewelry stores.
The advent of G7 Russian sanctions is driving the need to identify and certify the mined source of diamonds — a move that’s as much a commercial necessity as a legal requirement.
The synthetic-diamond market has hit another pivotal point as it continues on a growth path.
Fresh off the success of its deal with De Beers, the government is concerned the new measures will be a step back for its diamond industry.
Round SIs were among the biggest victims of last year’s crash. Here are four reasons the trend is reversing.
By selling synthetics at rapidly dropping prices, leading companies in the trade are devaluing natural diamonds.
A broader US ban on Russian diamonds went into effect on March 1, but uncertainty remains about key details.
Recorded live on February 29, 2024