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Diamond[a] is a gemstone formed by cutting a raw diamond. Diamonds are one of the best-known and most sought-after gems, and they have been used as decorative items since ancient times. The hardness of diamond and its high dispersion of light —giving the diamond its characteristic "fire"—make it useful for industrial applications and ...
Rapaport Diamond Report. The Rapaport Price List, informally known as the Rap List or Rap Sheet, is the diamond industry standard for the pricing of diamonds.
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Prices for rough diamonds — the raw, unpolished, and uncut stones — have dipped in 2023 as many post-pandemic consumers shy away from luxury goods.
Diamonds as an investment. An uncut diamond, not showing the prized optical properties of cut and polished versions. Popular brilliant cut. Diamonds were largely inaccessible to investors until the recent advent of regulated commodities, [ 1] due to a lack of price discovery and transparency. The characteristics of individual diamonds ...
The Kimberley Process Certification Scheme (KPCS) is the process established in 2003 to prevent "conflict diamonds" from entering the mainstream rough diamond market by United Nations General Assembly Resolution 55/56 following recommendations in the Fowler Report. The process was set up "to ensure that diamond purchases were not financing ...
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