Polished diamond news

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.

Idex research indicates a consistent increase in the share of gem-set jewelry sales at Chow Tai Fook since FY2024. Gold jewelry remained by far the largest product category in Chow Tai Fook's portfolio, accounting for 80.8% of the Group's retail sales value in Mainland China during the second quarter of FY2026.