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Prices for rough diamonds — the raw, unpolished, and uncut stones — have dipped in 2023 as many post-pandemic consumers shy away from luxury goods.
As of 2017 larger diamonds had appreciated in value since 2008 more than smaller ones. [4] [5] In early 2025 diamond prices had dropped significantly from a peak in 2022; prices of natural gems in shops dropped by 26% by the beginning of 2025. Laboratory-grown diamonds had dropped by 74% since 2020. Prices were expected to continue decreasing.
Purchase price Purchase year Resale price Resale year Dunlap broadside [1] Flea market Pennsylvania, U.S. US$4 (equivalent to $9.83 in 2023) 1989: US$2,420,000 (equivalent to $5,413,516 in 2023) 1991 Ding bowl (Song dynasty) [2] Tag sale New York, U.S. US$3 (equivalent to $4.41 in 2023) 2007 US$2,200,000 (equivalent to $2,877,600 in 2023) 2013
The Rapaport Price List is copyrighted and available only to subscribers. Jewelers and diamond merchants use it to set prices for consumers. Consumers should therefore use the report with caution. [2] These prices are used as the basis for standardization and negotiation of diamond prices around the world.
De Beers, the world’s biggest producer of natural diamonds, has slashed its prices by 10% to 15%, Bloomberg reported. Blame man-made, or lab-grown, diamonds, for one thing. Other factors include ...
De Beers has a huge sway on diamond prices as it’s still a significant player in the market. However, it has repeatedly cut diamond prices in the hopes of attracting more buyers, painting a ...
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