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Diamond's Dazzle Dims: Prices Plunge as Gold Glitters
For decades, diamonds have been the darlings of the luxury market. However, in the past year, the price of certified diamonds has plummeted by 35% to 40%, prompting many to question whether the era of exorbitantly priced diamonds is coming to an end. For decades, diamonds have been the darlings of the luxury market. However, in the past year, the price of certified diamonds has plummeted by 35% to 40%, prompting many to question whether the era of exorbitantly priced diamonds is coming to an end. -
De Beers Diamond Sales Dwindle for Fourth Consecutive Month Amid Global Demand Slump
A Streak of Declines According to the latest data released by natural diamond producer and supplier De Beers Group on August 30, the company sold $370 million worth of natural diamonds during its 7th sales cycle (from August 14 to August 29) of 2023, marking a 42% decline year-over-year. A Streak of Declines According to the latest data released by natural diamond producer and supplier De Beers Group on August 30, the company sold $370 million worth of natural diamonds during its 7th sales cycle (from August 14 to August 29) of 2023, marking a 42% decline year-over-year. -
102-Carat 'Perfect' Dazzler Could Fetch $30 Million In Hong Kong Auction
100-carat natural diamonds are extremely rare but flawless ones are even more scarce. Sotheby's hasn’t named a starting bid. 100-carat natural diamonds are extremely rare but flawless ones are even more scarce. Sotheby's hasn’t named a starting bid. -
China Online Diamond Sales Have Grown Significantly
Gone are the days that Chinese online shoppers stop at buying diamonds. Gone are the days that Chinese online shoppers stop at buying diamonds. -
Caving In Of The Diamond World’s Most Elite Club
Being a coveted buyer of De Beers, a sightholder, is not as coveted as it once was as lucrative profits are disappearing with even the biggest of them going out of business. Being a coveted buyer of De Beers, a sightholder, is not as coveted as it once was as lucrative profits are disappearing with even the biggest of them going out of business. -
Chinese Millionaires Get to See ‘The Pink Legacy’ Diamond in Hong Kong Before Bidding for It
The fantastic 18.96 carat rectangular "The Pink Legacy" diamond will be on display in Hong Kong from Sept. 28 to 30 for interested Chinese buyers to appreciate before being sold at auction on Nov. 13 at Christie's Magnificent Jewels Sale in Geneva, Switzerland. The fantastic 18.96 carat rectangular "The Pink Legacy" diamond will be on display in Hong Kong from Sept. 28 to 30 for interested Chinese buyers to appreciate before being sold at auction on Nov. 13 at Christie's Magnificent Jewels Sale in Geneva, Switzerland.