The drop is mainly driven by three factors: muted demand in key export markets like the US and China, a 10-15% fall in diamond prices due to oversupply, and a shift in consumer preference toward ...
Diamond prices have fallen 5.7% so far this year, according to Zimnisky's rough diamond index, declining more than 30% from ...
The man-made diamond boom is over, and prices for ultra-trendy lab-grown diamonds are set to tumble this year, industry veterans say. Paul Zimnisky, a leading diamond analyst, foresees jewelers ...
The reduction in prices for lab-grown diamonds has been for larger stones. "Prices of smaller sizes of diamonds have been stable. Owing to the early onset of the monsoon in the south, demand has ...
LAS VEGAS--(BUSINESS WIRE)--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.
1-carat RAPI down 1.5%. LAS VEGAS, November 05, 2024--(BUSINESS WIRE)--Diamond prices declined in October but stabilized in the month’s second half. US buyers purchased for the holiday season ...