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In early 2025 diamond prices had dropped significantly from a peak in 2022; prices of natural gems in shops dropped by 26% by the beginning of 2025. Laboratory-grown diamonds had dropped by 74% since 2020. Prices were expected to continue decreasing. De Beers had started 2024 with US$2bn worth of diamonds, which it had not sold by the end of ...
Waning demand for natural diamonds has helped lift De Beers's inventory to $2 billion, the most since the 2008 financial crash, according to the Financial Times. In fact, the value of the diamond ...
In 2009 the government recorded exports of 400,480 carats (80,096 g) of diamonds; this included 143,620 carats (28,724 g) of industrial diamonds and 256,860 (51,372 g) of gem diamonds. This was an increase of 7.86 percent on the previous year which was a result of legislative changes, in the form of a new mining law, to enable fees and ...
The Diamond Fund (Russian: Алмазный фонд) is a unique collection of gems, jewelry and natural nuggets, which are stored and exhibited in the Kremlin Armoury in Russia. The Fund was opened in 1967 and its collection dates back to the Russian Crown treasury instituted by Emperor Peter I of Russia in 1719.
A look at the shareholders of Gem Diamonds Limited ( LON:GEMD ) can tell us which group is most powerful. With 36...
Penn State’s Four Diamonds has spent $239.4 million since fiscal year 2009. Here’s what we know about how the money was used.
These diamonds were routed via countries such as the UAE, allowing Russian-origin diamonds to enter global markets in "mixed origin" parcels. While efforts by the G7 to curb Russian diamond sales faced resistance, some companies, including De Beers, responded to these allegations, whereas others, like Kiran Gems, did not. [10]
Diamond Standard is the producer of an exchange-traded, regulated diamond commodity. [1] [2] [3] Equivalent to a standard gold bar for the diamond market, the diamond coin and bar enables investors to access an estimated $1.2 trillion asset class. [4] Futures contracts are in development by CFTC-licensees, [1] and an investment trust launched ...