Polished diamond news

  • IDEX Price Report for 1 October: Downward Pressure Persists
    on 1 October 2026 at 4:00 am

    September continued to show downward pressure on IDEX asking prices, with decreases substantially outnumbering increases in both rounds and fancies. Rounds showed the clearer weakness, with 247 price decreases against 96 increases. Fancies recorded ....

  • Smuggling Scandal: Jeweler Predicts Huge Loss amid Rush for Buybacks
    on 1 October 2026 at 3:00 am

    Vietnam's largest listed jewelry retailer is forecasting a $241 million loss for 2026, after a diamond-smuggling scandal triggered a huge rush of buybacks. PNJ (Phu Nhuan Jewelry), which has 430 stores across the country, now assumes that customers ...

  • De Beers Adapts Rare Cabochon Cut for Diamonds
    on 29 September 2026 at 3:00 am

    De Beers London has adapted the traditional cabochon - one of the rarest cuts for a diamond - to create stones with smooth, rounded profiles resembling water droplets. The stones produce a softer, more luminous appearance than conventional, faceted...

  • 8.03-ct Blue Diamond Could Fetch $2.6m
    on 24 September 2026 at 1:00 pm

    An exceptionally rare 8.03-carat blue diamond ring is expected to fetch up to £2 million ($2.64m) at auction in London next week. The center stone is a pear modified brilliant cut fancy light blue diamond graded as VS2 clarity by GIA mounted within...

  • New World Diamond Council Warranty Rules Take Effect
    on 23 September 2026 at 5:00 am

    The World Diamond Council (WDC) has introduced a revised System of Warranties that now includes a due-diligence process and broadens its remit to cover human rights, labor rights, anti-corruption and anti-money laundering. The System...

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