Dear Friends, The diamond industry is currently at a critical juncture. The meteoric rise in the penetration of synthetic diamonds into the market – which began as a marginal phenomenon – has become an unprecedented flood that threatens the value, image and future of the natural diamond. The data speaks for itself: In less than … Read more
Antwerp, June 23, 2025: The World Federation of Diamond Bourses expressed full support for the Luanda Accord, the agreement reached last week among major diamond-producing countries and trading centers to fund the promotion of natural diamonds, in a meeting in Luanda, Angola. All the signing parties have agreed to contribute 1% of the annual revenue … Read more
Dear Friends, The holidays are upon us. Both Christmas and Hanukkah fall this year on the same day – December 25. I’m sure many of you are planning lovely get-togethers with family and friends. That’s what the holidays are for. For months, the diamond and jewelry industries worldwide have been focusing their efforts on the … Read more
Dear Friends, The diamond industry is undergoing a very challenging time, with demand, especially for natural diamonds, declining significantly. The Chinese market has slowed down almost to a standstill and economic developments in the United States have raised the cost of living and left many with less disposable income. Moreover, natural diamonds are being challenged … Read more
Dear Friends, The summer is drawing to a close and the busy holiday season is right around the corner. Now is the time to get back to work with renewed energy, to ensure that the coming holiday season is a positive one. In the United States, natural diamond demand is down as lab grown diamonds … Read more
