De Beers Group has announced a new level of transparency in diamond sourcing will begin in 2025. Using Tracr, De Beers’ advanced diamond traceability platform, the company will provide country of origin data for all newly registered diamonds exceeding 0.5 carats in polished form.
Mejuri is the latest fine jewellery brand to venture into the realm of lab-grown diamonds. The new move stems from the desire to improve accessibility, as investing in lab-grown offerings ensures customers can purchase bigger styles at lower prices.
As part of the sanctions imposed against Russia for its invasion of Ukraine in February 2022, the G7 will be implementing a ban against the import of Russian diamonds.
Sector-wide, lab-grown diamond purchases are in the 50 per cent range and rising, while the price of their natural counterparts is in steep decline in a difficult market. Rapnet, in one of its six stories that will shape 2023, noted that consumers continue to want “proof of origin and ethical sourcing,” and that the bridal market is emerging as a “surprising sweet spot for the [lab-grown diamond] segment.”
In any given year, gemmological laboratories screen, test, and analyze millions of diamonds. Given this plethora of data, gemmological laboratories are able to effectively track trends in not only what is coming through the laboratory, but also what is being offered for sale on the market. As such, gemmological laboratories have their finger on the pulse of what is being sold at the jewellery retail level.
Due to the rarity and popularity of coloured diamonds, scientists were driven to experiment with ways of changing the colour of light-yellow and brown natural-mined diamonds.
Meeting the growing demand for consistent gem certification in one of India’s largest diamond jewellery manufacturing hubs is the goal of Gemological Science International’s (GSI’s) latest lab.
The ethical jewellery cemetery is full of tombstones of good intentions, inscribed with the words: plus ça change, plus c’est la même chose (i.e. “the more that changes, the more it’s the same thing”).
The price of blue, pink, and yellow diamonds continued to rise during the first quarter, according to the latest Fancy Color Diamond Index (FCDI) from the Fancy Color Research Foundation (FCRF).
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