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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...
Anglo American Mulls De Beers Spinoff, Sparks Global Investor Interest

Anglo American Mulls De Beers Spinoff, Sparks Global Investor Interest

by Andrew Wilson | Dec 15, 2024 | Market Insights

Anglo American’s potential spinoff of De Beers is capturing global investor attention, driven by a strategic pivot to concentrate on core assets such as copper and iron ore. This move aligns with operational streamlining goals amid challenges like De...
Vintage and Secondhand Diamonds Gain Popularity in an Evolving Market

Vintage and Secondhand Diamonds Gain Popularity in an Evolving Market

by Andrew Wilson | Dec 15, 2024 | Blog, Market Insights

Vintage and secondhand diamonds are increasingly favored due to market growth, economic factors, and evolving consumer preferences. The appeal lies partly in affordability and sustainability, as economic pressures steer consumers toward more cost-effective, unique...
Supply Chain Challenges Persist in Global Diamond Trade

Supply Chain Challenges Persist in Global Diamond Trade

by Andrew Wilson | Dec 14, 2024 | Blog, Market Insights

The global diamond trade is fraught with persistent supply chain challenges, encompassing ethical sourcing, market volatility, and operational inefficiencies. Ethical concerns arise from the complex requirements of conflict-free certifications, such as the Kimberley...
Diamond Market Adapts to Changing Consumer Preferences: From Possession to Experience

Diamond Market Adapts to Changing Consumer Preferences: From Possession to Experience

by Andrew Wilson | Dec 13, 2024 | Blog, Market Insights

The diamond market is evolving, adapting to consumer desires for experiences over traditional ownership. Retailers now emphasize interactive environments, providing customers the chance to engage with diamonds beyond mere purchase. Ethical considerations are pivotal,...
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