The drop is mainly driven by three factors: muted demand in key export markets like the US and China, a 10-15% fall in diamond prices due to oversupply, and a shift in consumer preference toward ...
Diamond prices have fallen 5.7% so far this year, according to Zimnisky’s rough diamond index, declining more than 30% from ...
The man-made diamond boom is over, and prices for ultra-trendy lab-grown diamonds are set to tumble this year, industry veterans say. Paul Zimnisky, a leading diamond analyst, foresees jewelers ...