Ancy Shapes News Today

The International Gemological Institute (IGI) has added a cut grade to its reports for loose fancy-shaped diamonds that will assess the influence of cut quality on light behavior.IGI will offer the new category to manufacturers as an optional feature for the first six months, it said last week....

The diamond industry finds itself in the middle of many external forces. The Russia-Ukraine war has altered the supply situation and damaged US demand for Alrosa goods. Lockdowns in China have reduced sales in the most important Far East market. While spending is still robust on American...