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Around 2016, the price of synthetic diamond gemstones (e.g., 1 carat stones) began dropping "precipitously" by roughly 30% in one year, becoming clearly lower than that of mined diamonds. [124] As of 2017, synthetic diamonds sold as jewelry were typically selling for 15–20% less than natural equivalents; the relative price was expected to ...
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 ...
The Gemological Institute of America ( GIA) is a nonprofit institute based in Carlsbad, California. It is dedicated to research and education in the field of gemology and the jewelry arts. [ 1] Founded in 1931, GIA's mission is to protect buyers and sellers of gemstones by setting and maintaining the standards used to evaluate gemstone quality.
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Cut (gems) A decorative glass crystal about 4 cm (1.6 in) in diameter, having a facet cut often applied for gemstones. At some positions, coloured light (see rainbow colouring) can be regarded caused by the intended optical prism effect of the cut. A gemstone desired to be used in jewelry is cut depending on the size and shape of the rough ...
The platform is owned by GeM SPV (Special Purpose Vehicle) which is a 100 percent Government-owned, non-profit company under the Ministry of Commerce and Industries, Government of India. [4] GeM is a contactless, paperless and cashless online marketplace that replaced the Directorate General of Supplies and Disposals (DGS&D) in 2016.
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