The growing stream of bad news is threatening to engulf us like a depressing cloud of darkness, fueling a bleak outlook of ruin in the diamond industry. Yet, diamond jewelry demand has always re-surged as consumers sought solace and celebration. The following is a data-backed pep talk of resurrection.
Insights Into the Diamond Industry - Page 3 of 9
Our latest insights, expert analysis and thinking on the topics that matter most in the diamond industry.
Lack of Confidence Hurts Diamond Prices
Wholesale polished diamond prices declined in February as diamond manufacturers lose confidence in the short-term prospects
Can India’s Sharp Rise in LGD Exports Extend into 2020?
Proving that the Indian diamond industry’s interest in lab-grown diamonds is fully established, India exported $445M worth of these polished stones in 2019. But can India maintain this growth rate?
Polished Diamond Prices Rise in January
Wholesale polished diamond prices rose in January in response to improved demand and lower wholesaler inventories. Wholesale prices of 1-carat round diamonds rose 3.7% MoM in January. US jewelry sales popped up 4.4% YoY in December, capping a slow year with sales rising just 0.7%.
The Golan Diamond Market Report – Q4 2019
The Q4 2019 issue of the Golan Diamond Market Report reviews transaction polished diamond prices, changes in midstream inventory & demand, takes an in-depth dive in to the activity of the main diamond centers, with updates on prices and demand in the growing LGD market. All that, plus an exploration into consumer attitudes towards diamond jewelry and engagement rings, checking who is interested in LGD around the world.
This is How a Confusing Diamond Decade Played Out
What’s happened between the time the diamond industry clawed its way out of the Lehman Brothers crises to the current slump? Some surprising findings about the value of freshly mined rough diamonds, global trade, and jewelry retail.
Diamond Industry Financing Is Shrinking. This Is What It Means
Diamond industry financing has considerably declined over the last couple of years, hitting a 15 year low. The industry views this as unfavorable; yet, this can be debated. A recent $3 billion “savings” provided it with a rare opportunity to realign.
The Golan Diamond Market Report – Q3 2019
After an extended period of stunted demand in the consumer, wholesale, and manufacturing sectors of the global diamond value chain, at the end of the third quarter, there are a few small signs of improvement. Following the deep decline in the second quarter of the year, US jewelry sales surprisingly picked up in July, although, cyclically, it is a month …
Las Vegas 2019: Guts without Glory
The diamond industry was a prize winner. Diamond folk have guts but they have lost the glory. The JCK show proved that they lost of confidence in diamonds.
This is How Much Americans Spend on Jewelry and Watches
How much does the average US household spend on jewelry and watches per year? Does this spending differ by age group and, if so, by how much?