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India's diamond sector faces major crisis amid plummeting imports, exports, and massive job losses
According to the think tank data, a 24.5% drop in rough diamond imports from USD 18.5 billion in 20…
The lab-grown diamond boom is over
Lab-grown diamonds are becoming too mainstream, and sales are headed for a slowdown, jewelry expert…
Jennifer Sor
Diamond polishing industry caught between lab grown rocks and economic slowdown
Diamond polishing industry is headed for turbulent times as revenues are expected to drop 30-35% …
Diamond markets are tumbling because Americans love lab-grown stones
Demand for diamonds has plunged since the pandemic, but a key corner of the market is seeing partic…
Phil Rosen
IIT Madras to get ₹242 crore for R&D on lab grown diamonds
The research will be focused on driving indigenisation of the LGD manufacturing process. Pres…
Diamond demand heads for a hard landing with ‘temporary disruption’ at play
Diamonds are forever, they say, but the love for bling is waning in different ways. Not only is dem…
Not just jewellery, lab grown diamonds used in satellites, computer chips too
The global market for lab grown diamonds (LGD) that the Indian government has decided to focus on i…
Surat industry cheers FM's initiative to boost lab-grown diamond sector
Finance Minister Nirmala Sitharaman's announcement of cutting import duty on raw material for lab-g…
The diamond industry is in trouble as it loses its sparkle in China
Diamond prices have sunk by about 30% since 2022. China's declining marriage rates and embrace of l…
Joshua Zitser
Indian diamantaires want to make lab-grown diamonds a woman’s best friend
India has always been a diamond polishing hub thanks to a vibrant small-scale industry driving it. …
A small mining firm just saw its stock surge 91% after it discovered the world's 2nd-largest diamond
The diamond, which weighs about a pound and is about the size of a baseball, was discovered at Luca…
Matthew Fox
I have a lab-grown engagement ring, and I don't understand why you'd buy any other kind of diamond
Insider's reporter said her fiancé saved thousands on her engagement ring by choosing a lab-grown d…
Samantha Grindell
How lab-grown diamonds are taking the shine off mined gems
For years, diamond mining companies told consumers that "a diamond is forever." But in recent decad…
Pandora is ditching mined diamonds for lab-grown stones that cost as little as $350. It's the first major jewelry company to make the move.
Pandora's new lab-grown diamond jewelry collection starts at £250 ($350) and will launch worldwide …
Mary Hanbury
Twitter slapped a warning label on Trump's tweet claiming he's immune from coronavirus and no longer contagious
Twitter flagged Trump's tweet for violating its rules about "spreading misleading and potentially h…
Yelena Dzhanova
Coronavirus has brought the rapidly growing synthetic diamond market to a halt because of a supply-chain disruption
90% of mined diamonds and 99% of lab-grown diamonds are cut and processed in India, which had one o…
Shalini Nagarajan
Diamond sales are back after miners froze the market to boost collapsing prices
Still, the industry isn't back on its feet as sales have been directed to a few buyers, and some of…
Aruni Soni
One Russian diamond giant is halting sales in a desperate scramble to stop prices from plunging
Alrosa told customers that it will pause sales of rough diamonds in September and October, accordin…
Jennifer Sor
Diamantaires stand to lose a fifth of their revenues as roughs get dearer
The war in Ukraine has impacted the sourcing of rough diamonds across the world. While most of this…