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Generally diamonds of exactly similar size, cut, shape, color and clarity are used in a single piece of diamond jewelry. If not, the stones would not match and the piece would not sell. Small recycled diamonds are treated differently from large individual stones. [citation needed] A single small diamond has limited value by itself. It is only ...
Consumers should therefore use the report with caution. [2] These prices are used as the basis for standardization and negotiation of diamond prices around the world. [citation needed] Many of the agreed upon prices in diamond trade are come to from discounts based on the Rapaport Price List.
Martin Rapaport is the chairman of the Rapaport Group and founder of the Rapaport Diamond Report and RapNet, an online diamond trading network. [1] Known for his influential role in the diamond industry, Rapaport has been both a pioneer and a controversial figure, advocating for price transparency, ethical sourcing, and the commoditization of diamonds.
In the U.S., lab-grown diamond sales jumped 16% in 2023 from 2022, according to Edahn Golan, an industry analyst. Lab-grown diamonds come with sparkling price tags, but many have cloudy ...
Their typically lower price compared to natural diamonds makes them an appealing choice for many consumers. Additionally, the ethical implications of synthetic diamonds have garnered attention, particularly their potential to eliminate the risks associated with conflict diamonds , which are mined in war zones and often used to finance armed ...
The Diamond Trading Company (DTC) is the rough diamond sales and distribution arm of the De Beers Group. The DTC sorts, values and sells about 35% of the world’s rough diamonds by value. [ 1 ] The DTC has a combination of wholly owned and joint venture operations in South Africa (DBSSSA), Botswana (DTCB and DBGSS), and Namibia ( NDTC ).
The following is a list of countries and territories by diamond exports. Data is for 2012, 2015, 2016 and 2023 in billions of United States dollars, as reported by The Observatory of Economic Complexity and the International Trade Centre. Currently the countries exporting over one billion dollars in 2023 are listed:
[45] made their name selling genuine Blue-White diamonds, but others in the industry saw the opportunity to use the term to sell lower quality diamonds. By 1938, the term "Blue White" and the underlying concept that blue (i.e. fluorescence) added value to white (colorless) diamonds had become abused by too many unscrupulous dealers and the U.S ...