A year ago, we highlighted three issues that would be important for the diamond and jewelry industry during 2024. How did these develop throughout the year, and what’s in store for 2025? Rapaport Senior Analyst Joshua Freedman reports.
Three Questions for the Diamond Industry as 2025 Begins
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GSI Releases Gemstone Reports with Color Classification in India
Recognized trade names such as “pigeon blood” and “royal blue” will now be included in description.

Former GJEPC Chairman Vasant Mehta Dies at 81
Veteran diamantaire also represented the Indian industry at CIBJO and other trade organizations.

US Jewelry Business Closures Continue to Ease
Only 80 companies shuttered in the second quarter of 2026, compared with 174 a year ago.
