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Bourses are the final tightly controlled step in the diamond supply chain; wholesalers and even retailers are able to buy relatively small lots of diamonds at the bourses, after which they are prepared for final sale to the consumer. Diamonds can be sold already set in jewelry, or sold unset ("loose"). According to the Rio Tinto, in 2002 the ...
Diamonds, because of their hardness, are one of the few gemstones that have a recycled market. Recycled diamonds are diamonds that have been polished and set into jewelry, then removed and possibly re-cut before sale back into the diamond industry. This sector accounts for 5%–10% of market supply. [25]
In the wholesale trade of gem diamonds, carat is often used in denominating lots of diamonds for sale. For example, a buyer may place an order for 100 carats (20 g) of 0.5-carat (100 mg), D–F, VS2-SI1, excellent cut diamonds, indicating a wish to purchase 200 diamonds (100 carats (20 g) total mass) of those approximate characteristics.
HB Antwerp uses a blockchain to track diamonds and to route more money to the stones' home country. Industry giant DeBeers has followed suit.
Either way, one survey found the majority of Gen Z respondents preferred a three-carat lab-grown diamond to a one-carat natural mined diamond. “Gen Z is rewriting the rules of the diamond ...
In December 2022, lab-grown diamonds accounted for 15.7% of all engagement rings sold in the U.S., nearly double the 2021 figure of 7.9%, per jewelry-industry analytics company Tenoris.
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