Natural diamonds have lost more than half of their value over the past five years. Several drivers are conspiring against diamonds, including a glut of mined stones that hit the market over the past ...

Diamond giant De Beers slashed the price of its precious solitaires amid plunging sales as bargain-hunting fiancées increasingly opt for cheaper lab-grown gems. Among De Beers’ larger stones, one ...

In an economy where prices are climbing everywhere you look, there’s one bright, shining example that bucks the trend: diamonds. Diamond prices have plunged by 50% since 2022 and are now at a record ...

The diamond industry is in freefall. A structural shift driven by lab-grown gems, weak consumer demand, and a pullback in key markets has pushed prices to their lowest levels in years, rattling miners ...

The price of both natural and lab-grown diamonds has tumbled in the past two years, according to a report, as marriage proposals slowed and inflation increased. Diamonds might still be out of many ...

Buying a diamond is about to become more expensive. Blame a myriad of factors that are boosting the market, including tighter supply, hotter demand, and a wave of couples who are expected to get ...

LAS VEGAS--(BUSINESS WIRE)--Diamond-price drops became more moderate in January, especially in the small goods that had seen sharp declines in recent months. Buyers remained cautious due to price ...

Natural diamond prices have fallen roughly 60% since 2022 as lab-grown alternatives take over the engagement ring market. With consumers shifting away from mined stones, the factory-made diamond boom ...

Natural diamond prices have fallen to levels not seen in more than two decades, with wholesale prices now around 30-40% below their 2021 peaks, according to a recent market report carried by ...

When the world’s most important diamond buyers arrived at De Beers’ offices in Botswana late last month, they were presented with a rare offer by their host: the option to buy nothing at all. De Beers ...

Prices for rough diamonds — the raw, unpolished, and uncut stones — have dipped in 2023 as many post-pandemic consumers shy away from luxury goods. According to the Zimnisky Global Rough Diamond Index ...

De Beers reportedly cut rough diamond prices in January, a rare retreat by the industry’s once-dominant broker as slumping demand, lab-grown stones and trade turmoil batter the global diamond market.