Diamond giant De Beers slashed the price of its precious solitaires amid plunging sales as bargain-hunting fiancées increasingly opt for cheaper lab-grown gems. Among De Beers’ larger stones, one ...
BriteCo reports lab-grown diamonds now cost 73% less than natural ones, capturing over 45% of US engagement ring sales, ...
LAS VEGAS--(BUSINESS WIRE)--Diamond-price drops became more moderate in January, especially in the small goods that had seen sharp declines in recent months. Buyers remained cautious due to price ...
Prices for rough diamonds — the raw, unpolished, and uncut stones — have dipped in 2023 as many post-pandemic consumers shy away from luxury goods. According to the Zimnisky Global Rough Diamond Index ...
Anglo American's (OTCQX:AAUKF) (OTCQX:NGLOY) De Beers unit cut prices by ~10% across the board at its first diamond sale of this year, with 25% cuts for some larger stones, in an attempt to stimulate ...
(NewsNation) – People planning on proposing to their significant others in the near future face a new obstacle: the rising price of diamonds. India has been the largest distributor of diamonds to the ...
Forbes contributors publish independent expert analyses and insights. Specialist in global markets, economics and alternative investments. Investors are grappling with unprecedented uncertainty due to ...
Bloomberg reported Monday on the price cuts that unnamed sources told the outlet the diamond miner and seller had applied to their initial sale of the gems to sightholders for the year. With the move, ...
A diamond is forever, but maybe not for much longer. Spot trading in commoditized clusters of diamonds started in September and the firm behind the electronic exchange aims to launch a futures ...
Diamonds have long been the ultimate symbol of love and commitment, their sparkling brilliance forever linked to life’s most emotional moments. Thanks to decades of marketing genius—most notably from ...