Diamond Blog by MID House of Diamonds

ALROSA REVEALS SET OF SPECTACULAR AND UNUSUAL DIAMONDS

Arguably the most notable specimen in the collection is a pink oval-cut stone, weighing 14.83 carats.

ANGOLA, SOUTHERN AFRICA’S MOST UNDERRATED DIAMOND PRODUCER

Much of Angola’s diamond deposits remain under-explored, mainly because of a 27-year civil war that only ended in 2002.

IN A VOLATILE MARKET, FANCY COLOR DIAMOND PRICES STABLE

The new year started off at a sluggish pace, at least as far as polished diamond prices were concerned. BUT THE price of fancy color diamonds were more buoyant.

THE FIFTH C OF A DIAMOND’S VALUE, ‘CONFIDENCE’

It used to be that a diamonds’ value was predominantly set by what is known as the four Cs – namely carat, clarity, color and cut. But there also is a fifth C, and that is “confidence.”

SHIFTING PRICES REFLECTS CHANGES IN DIAMOND TRADE

De Beers pointedly noted that a fall in sales can specifically be to a glut of smaller and less expensive stones.

54.21-CARAT STONE UNVEILED AS LARGEST VIVID YELLOW ROUND DIAMOND EVER GRADED BY GIA

Called the Mouawad Dragon, the planning, cutting and polishing of the stone reportedly took more than six months to complete.

VALUE OF SALES OF ROUGH DIAMONDS CLIMB IN 2018 AT WORLD’S TWO LARGEST PRODUCERS

The value of rough diamond sales at the world’s two largest mining companiesclimbed in 2018 in terms of U.S. dollars, although production in terms of carats dipped.

AND THE WINNER OF THE 2019 DIAMOND STAKES…THE CONSUMER

Consumers will emerge clear winners in the current tussle between producers of natural and synthetic diamonds underway in the diamond sector.

ALROSA LOOKS TO RESTART ZIMBABWE’S AILING DIAMOND INDUSTRY

Alrosa, the world’s leading diamond producer in terms of volume, has said it plans to begin mining operations in Zimbabwe.

AS THEIR NEW YEAR APPROACHES, CHINESE BUYERS INCREASINGLY STAY HOME

Political and economic developments both on the mainland and off it suggests that the Year of the Pig will different from those that preceded it.

CONSIDERING THE IMPACT OF TIFFANY’S DECISION TO REVEAL THE PROVENANCE OF ITS DIAMONDS

the celebrated high-end American jewelry chain, dropped a bombshell at the start of the new year, when it announced that it will begin providing accurate information about where diamonds larger than 0.18 carats were mined.

LAB-GROWN DIAMONDS ARE HERE TO STAY SAYS BAIN, BUT EFFECT ON NATURAL DIAMOND MARKET WILL BE LIMITED

Given the pace of declining production costs and wholesale and retail prices, lab-grown stones are likely to become accessible to a wider consumer audience.

BAIN & CO. PINPOINTS THREE KEY FACTOR INFLUENCING FUTURE DEVELOPMENT OF DIAMOND INDUSTRY

The diamond industry report covers industry developments in 2017 and the first half of 2018, and in particular looks at the fundamental trends that will influence its development over the coming two decades.

DIAMONDS FOR DEVELOPMENT: PROVIDING SOCIAL SIGNIFICANCE TO A LUXURY PURCHASE

Many consumers look for more in the product than simply satisfying their need for prestige and wellbeing, or even their desire to expressing their affection for loved one.

DPA SURVEY: AMERICANS PLAN DIAMOND SPENDING SPREE BETWEEN THANKSGIVING 2018 AND VALENTINES DAY 2019

More than 53 million Americans, or 21 of the adult population, say they plan to purchase a diamond between Thanksgiving and Valentine’s Day.

NOTED INDUSTRY ANALYSTS CALLS 2018 ‘THE YEAR OF THE LAB-CREATED DIAMOND’

Noted industry analyst Paul Zimnisky has pointed to developments in the synthetic diamond market as the factor for which 2018 is most likely to be remembered.

BLUE DIAMONDS AND OL’ BLUE EYES ON SHOW AT NEW YORK AUCTIONS

The 2018 fall auction season is shaping up to one of the best ever in recorded history, following the sales earlier this month at Christie’s in Geneva of an 18.96-carats vivid pink diamond for $50 million.

BLOCKCHAIN INITIATIVE TO PROVIDE TRACEABILITY FROM MINE TO MARKET

The infiltration of Blockchain technology into the diamond business received a major boost at the end of October, with the announcement that Alrosa, the Russian rough diamond producers, was joining De Beers end-to-end diamond industry blockchain traceability platform.

INDUSTRY PUSHES FOR EXPANDED DEFINITION OF ‘CONFLICT DIAMONDS,’ BUT KIMBERLEY PROCESS DECIDES NOT TO DECIDE

The Plenary of the Kimberley Process, which is the coalition of national governments, the diamond industry and civil society organizations working to end the trade in conflict diamonds, has met for the organization’s 2018 annual meeting in Brussels in November

LUXURY GOODS MARKET TO APPROACH $1.37 TRILLION IN 2018, SAYS BAIN REPORT

Personal luxury goods, including jewelry, outperformed the market, posting 6 percent growth at constant exchange rates in 2018 to approach the $300 million mark.

SINGLE ROUGH DIAMOND TO YIELD 67 POLISHED GEMS

The stones produced from the 1,109-caratLesedi La Rona range in size from a single carat to more than 100 carats.

VIVID PINK DIAMOND BREAKS RECORD, FETCHING $50 MILLION AT CHRISTIE’S SALE

With the 18.96-carat vivid pink diamond, fittingly called the Pink Legacy, achieving its high price estimate, it sold for a staggering $2,637,131 million per carat.

STRONG U.S. HOLIDAY SEASON EXPECTED, AS CONSUMER CONFIDENCE HITS 18-YEAR HIGH

The three days that follows Thanksgiving mark yet another U.S. tradition, the busiest shopping days of the year and the start of the all-important seasonal shopping rush.

MARILYN WORKS HER MAGIC ON THE MOON OF BARODA

One of the world’s most celebrated diamonds will come up for auction for the second time at Christie’s in Hong Kong on November 27. With a history stretching back more than 500 years, its major claim to fame is its brief association with a certain Hollywood star by the name of Marilyn Monroe.

COMING INTO FASHION

Long dismissed as peripheral by many in the diamond trade, fashion jewelry is getting a second look. And so it should. According to data provided by Allied Market Research, its worldwide value will be in excess of $30 billion in 2018.

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