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Drastic Rough Diamond Price Cuts Will Result In Billion-Dollar Losses

There’s absolutely no argument that rough diamond prices are much too high today. Manufacturers are having an extremely difficult time selling the polished coming out of this rough as buyers are simply unwilling to pay more. That this is mainly because diamond miners have only looked at their own bottom lines and ignored the warning signs in the production pipeline is also an uncontested fact.

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3 Comments
Once again a totally correct account of the current situation how it came about and what needs to be done .
Rough prices are a part of the problem. The other problem is companies like BLUE NILE.. Prices are too transparent. Retailers do NOT want to stock diamonds. They would rather buy (just in time).. Which means 0 investment, because they don’t believe in investing for their business.

Blurred Lines: Now Moissanite Masquerades As Lab-Grown Diamond

What goes round, comes around. Here’s proof that trying to palm off lab-grown diamonds as natural stones leads to disaster for everyone — including the fraudsters themselves. The whole house could come tumbling down

The idea of trying to pass a lab-grown diamond off as a natural is to benefit from the extra price the natural stone fetches. But here’s a different angle. Use moissanite instead. Sell  it cheap, but claim it is a lab-grown diamond!

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Great article! But i have doubt. Being a designer my long-term goal is to create my name in diamond jewellery with transparent pricing. So does this mean we designers have an alternative as Astralite Moissanites and we should switch to this as it has a greater market in the near future? Will this decrease the value of natural diamonds as there are ethical issues arising? Or would this be a completely different market prevailing side by side the natural diamond market?
lab grown diamonds are no patch to the real brialliant sheen
We have been a green establishment since 1982 selling conflict free natural diamond and offering Moissanite to our clients since 1998 not as synthetic diamond but as an alternative to it, also Gemesis Lab created diamond with laser and GIA inscription on girdle. In my opinion it is not blurred but simply unscrupulous to pass Moissanite as diamond.
Whats' most disturbing is that so many fall for the scam.

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