Polished diamond news

A new four-part podcast charts the spectacular rise and dramatic fall of billionaire Nirav Modi and his Firestar Diamond empire. It's presented by Mick Brown and Robert Mendick, journalists at The Telegraph in the UK, who say they tracked down...

Stephanie Gottlieb, a long-time advocate of natural diamonds, has launched her first collections of lab grown jewelry. But she maintains there's still a huge divide between natural diamonds (forever) and lab growns (for right now). Gottlieb, who opened...

Pre-holiday trading showed stable to slightly higher demand in the U.S. and Europe. The Chinese market is showing initial signs of recovery, although consumer demand remains focused on non-set gold jewelry.

The move is part of Origins, the cost-reduction and business reorganization strategy that De Beers launched in 2024. In a press release issued today, the company said the strategy aims "to reduce costs, divest non-core assets and prioritize investment in activities that create the most value."

Looking at the market over a five-year period removes the distortions created by the COVID-19 buying boom. During this period, 1-carat diamonds lost 47.5% of their value, compared with a decline of just 13.6% for 5-carat diamonds. The 1-carat price index includes round diamonds weighing 1.00 to 1.49 carats, in the D-K color range and IF to I1 clarities. The 5-carat category includes round diamonds weighing 5.00 to 5.99 carats, in the D-J color range and IF to SI2 clarities.