Polished diamond news

  • 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 ...

  • 100 Forevermark Stores in India by 2030
    on 26 May 2025 at 5:00 am

    De Beers aims to open 100 Forevermark stores in India by 2030, as it taps into the world's second biggest market for natural diamond jewelry after the US. It expects demand in India, currently at around $10bn, to double in that time....

  • Summer Shutdowns for Surat Manufacturers
    on 25 May 2025 at 10:00 am

    Diamond manufacturers in Surat are implementing summer shutdowns as demand for natural stones remains persistently weak, and the threat of hefty tariffs from the US looms. Factories usually take their main vacation at Diwali (mid-October to mid-November)...

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