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All diamonds are graded on a scale from D—colorless diamonds—to Z—diamonds with a yellow or brown tint. While a D-graded diamond is often the most in-demand, a stone that falls in the middle ...
Diamond prices have adjusted to consumers choosing services over jewelry. People are eating out, traveling and spending money on experiences rather than luxury goods, according to analysts.
Only about 20% of all diamonds mined have a clarity rating high enough for the diamond to be considered appropriate for use as a gemstone; the other 80% are relegated to industrial use. Of that top 20%, a significant portion contains an inclusion or inclusions that are visible to the naked eye upon close inspection.
A 5.05-carat (1.010 g) Emerald-cut red diamond formerly known simply as "Red Diamond". This is the second-largest known red diamond. It was cut from a 35-carat (7.0 g) piece of boart discovered near Lichtenburg, South Africa. It reappeared in 2007 after a 37-year absence from sight, and was purchased by Kazanjian Brothers Inc. —
Diamond reports from GIA (as well as other, for-profit sources) are now demanded by most consumers purchasing diamonds over a certain size, typically for over 0.5 carat (100 mg), and almost always for over 1.0 carat (200 mg), and are considered an important tool in guaranteeing that a diamond is accurately represented to a potential buyer.
Prices for rough diamonds — the raw, unpolished, and uncut stones — have dipped in 2023 as many post-pandemic consumers shy away from luxury goods. Diamond prices are down as people spend more ...