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Surat: Rough diamond imports in the country have witnessed a drastic drop following the call of top gem and jewellery bodies to halt rough imports fro.

RAPAPORT... De Beers’ sales soared to $650 million in June as demand held up and the lack of Russian supply led to shortages.The total for the fifth cycle of 2022 was 36% higher than for the equivalent sale a year earlier and represented an 8% increase compared with May, according to data De...

RAPAPORT... Rough prices tumbled at Petra Diamonds’ latest tender as geopolitical challenges dented the market. The April sale realized $86.1 million, down from $140.6 million in March, the miner reported Tuesday. Like-for-like prices dropped 24%, but were 3.2% higher than in December....

RAPAPORT... Rough prices have fallen substantially on the open market amid a correction following months of heightened activity, dealers told Rapaport News.Buyers had stocked up on goods in anticipation of further price increases, while rising rough valuations had resulted in thin...

Sarine Technologies has launched a valuation service for rough diamonds, aiming to support the lending sector by making it easier to assess how much collateral is worth.The Israeli company will analyze rough stones with its existing technology and then value the expected polished outcome using...