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De Beers CEO Forecasts Natural Diamond Market Recovery in Late 2024

De Beers CEO Forecasts Natural Diamond Market Recovery in Late 2024

by Andrew Wilson | Dec 19, 2024 | Market Insights

De Beers’ CEO forecasts that the natural diamond market will experience a gradual recovery starting in late 2024, driven by stabilizing prices and rebounding economic trends, especially in China. The market has faced challenges with declining production and...
India’s Diamond Exports Hit Decade-Low, Set to Fall 18-19% in FY2025

India’s Diamond Exports Hit Decade-Low, Set to Fall 18-19% in FY2025

by Andrew Wilson | Dec 18, 2024 | Market Insights

India's diamond exports are projected to decrease by 18-19% in FY2025, reaching a decade-low of $12.5-13 billion. This decline is attributed to several factors, including shifting consumer preferences and economic pressures. Remarkably, there has been a 28%...
Lab-Grown Diamonds Gain Traction as Ethical, Affordable Alternative

Lab-Grown Diamonds Gain Traction as Ethical, Affordable Alternative

by Andrew Wilson | Dec 17, 2024 | Market Insights

Lab-grown diamonds are increasingly favored as an ethical and affordable alternative to mined diamonds. They boast a considerably lower environmental impact, consuming up to 78% less water and 60% fewer carbon emissions. Produced in controlled laboratories, these...
Diamond Prices Dip 3-4% in 2024, Industry Sees Slower Decline

Diamond Prices Dip 3-4% in 2024, Industry Sees Slower Decline

by Andrew Wilson | Dec 16, 2024 | Market Insights, All About Diamonds

In 2024, diamond prices dipped by approximately 3-4%, as the industry contended with oversupply and evolving consumer preferences. The reduction in demand for both rough and polished diamonds, compounded by high inflation and economic fears, led to downward price...
From Click to Sparkle: The Benefits of Buying Diamonds Online

From Click to Sparkle: The Benefits of Buying Diamonds Online

by Andrew Wilson | Dec 16, 2024 | Diamond Education & Guides

When you think about purchasing diamonds, the thought of doing it online might seem daunting initially. However, the process from click to sparkle can be surprisingly advantageous. You gain access to a vast selection, often finding prices considerably lower than those...
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