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IGI is the largest laboratory for certification of diamonds and fine jewelry. [8] IGI is International Organization for Standardization (ISO) 9001: 2000 certified in four countries, including the United States, Canada, India and the United Arab Emirates.
The diamond industry of Israel is an important world player in producing cut diamonds for wholesale. In 2010, Israel became the chair of the Kimberley Process Certification Scheme . [ 1 ] As of 2016 [update] , cut diamonds constituted 23.2% of Israel's total exports and they were the country's biggest export product, amounting to 12% of the ...
Diamonds with higher color grades are rarer, in higher demand, and therefore more expensive, than lower color grades. Oddly enough, diamonds graded Z are also rare, and the bright yellow color is also highly valued. Diamonds graded D–F are considered "colorless", G–J are considered "near-colorless", K–M are "slightly colored".
In 2023, sales for wholesale polished diamonds fell 20%. Elissa Sommers, the CEO and head jewelry designer of Los Angeles-based Elissar Couture, said she does not sell lab-grown diamonds in her ...
Industry experts anticipate an additional 15% to 20% price drop in diamonds over the next 12 months. The diamond industry is ‘in trouble’ after prices sunk 6% this year. A jewelry CEO blames ...
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 ).
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