Lab-Grown Prices Are Holding Up at Retail, Says De Beers

NewsBrief   July 31, 2023   Lab-Grown Prices Are Holding Up at Retail, Says De Beers Retail prices of lab-grown diamonds are falling more slowly than wholesale prices and are often unsustainably high, De Beers chief financial officer Sarah Kuijlaars told Rapaport News. Meya Diamond Mine Owner Sells Majority Stake Sterling Global will take 70% share for $25 million.   Market Comment: Lower Sales, Lower Production Weak polished demand leads to further decline in rough market.   Advertorial: The Next Step for GIA Diamond Reports The most trusted diamond report, available in print or on the GIA App. Trending Stories US Imposes Sanctions on New Alrosa CEO   The Bold New Spirit of Men's Jewelry   De Beers Sales Slump at July Sight Events Rapaport Single Stone Auction July 24 – August 2 New York & Israel More Details   Rapaport Melee Auction August 15-23 New York & Dubai More Details   Rapaport Single Auction August 23 – September 5 New York & Israel More Details RapNet Diamond Index (RAPI™) Diamond Data Size Index Weekly Monthly Y2Y  0.30 ct 1549 -0.08% -1.45% -0.99%  0.50 ct 2286 -0.39% -4.67% -24.27%  1.00 ct 6726 -0.39% -2.54% -23.87%  3.00 ct 23220 -0.76% -1.60% -15.30% Rapaport Investment Grade Diamonds

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