For the first time, the lab-grown rough diamond prices have increased between 13-15% due to the increasing popularity of lab-grown diamond jewelry in the western countries. The diamond growers in China have grabbed the opportunity to hike the prices of rough diamonds riding on the boom in the market.
On the contrary, the prices of natural rough diamonds decreased by almost 15% in December 2024. According to the report in IDEX Online, De Beers is reportedly sitting on its largest stockpile of diamonds since the 2008 financial crisis. The company now holds an estimated $2 billion worth of diamonds. This accumulation is attributed to weak demand, particularly in China, and rising competition from lab-grown diamonds.
Denne historien er fra January 03, 2025-utgaven av The Free Press Journal - Bhopal.
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Denne historien er fra January 03, 2025-utgaven av The Free Press Journal - Bhopal.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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India Don't Like Konstas: Fleming
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Bumrah had back spasm, medical team monitoring him: Prasidh
Indian seamer Prasidh Krishna has confirmed that Jaspreet Bumrah experienced a back spasm and underwent scans on the second day of the fifth Test against Australia.
Australian coach accuses India of intimidation
Following a dramatic display of cricket during the ongoing fifth Test, Australian coach Andrew McDonald has accused Team India of attempting to \"intimidate\" their young player, Sam Konstas.
