Polished diamond news

  • Two Tiers: GIA to Grade Lab Growns as either Premium or Standard
    on 4 June 2025 at 1:00 pm

    GIA says it will start grading lab grown diamonds simply as "premium" or "standard", in a move that clearly sets them apart from natural stones. It will no longer score them for color or clarity because, it says, the vast majority of lab growns fall into...

  • IDEX Polished Price Index Dips in May
    on 4 June 2025 at 9:00 am

    The IDEX Polished Price Index dipped during May, closing the month down 1.37 per cent. Trump's announcement of reciprocal tariffs on 2 April prompted a brief, two-day surge in prices the previous month, resulting in a slight increase of 0.58 per cent. ...

  • IDEX Price Report for 1 June: Rounds Mixed, Fancies Down
    on 1 June 2025 at 5:00 am

    May was another month of mixed fortunes, with market uncertainty and caution persisting. Among 3.00-cts to 5.99-cts rounds there was plenty of price movement, in both directions. Fancies saw losses outweigh gains. There was very little activity in either direction ...

  • US Tariff Turmoil: On, Off, On Again
    on 30 May 2025 at 1:00 pm

    Reciprocal tariffs were in turmoil today (30 May) after one US court blocked them on Wednesday (28 May) and another temporarily reinstated them the next day (29 May). The diamond industry has been in a state of near-paralysis since Donald Trump ...

  • 3-ct Pink Diamond could Fetch $1.6m
    on 27 May 2025 at 1:00 pm

    A fancy intense 3.03-carat pink diamond is among the highlights at Phillips' New York Jewels Auction next month with a $1.2m to $1.6m estimate. Other diamonds of note include a 4.43-carat oval fancy vivid yellow diamond ring ...

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