Petra Diamonds’ rough prices fell on a like-for-like basis at its most recent tender amid ongoing softness in the market. The sale, which combined the miner’s delayed September tender with its October ...
IF to VS2 diamonds — fell 1.5% in October. The index dropped 0.6% for 0.30-carat stones, 2% for 0.50 carats, and 0.5% for 3 carats. The declines were gentler than in September. Prices of pears and ...
Diamond prices declined in October but stabilized in the month’s second half. US buyers purchased for the holiday season ahead of India’s Diwali shutdown. However, manufacturers were under pressure to ...
“Our combined first and second tenders indicate continued weakness in the rough diamond market ... We continue to expect prices to show some improvement in FY 2025, with market fundamentals ...
Lab-grown diamonds are also being used for money laundering. Late last year, Indian and Hong Kong customs revealed a joint operation in which they discovered “cheap synthetic diamonds were being ...