De Beers reportedly cut rough diamond prices in January, a rare retreat by the industry’s once-dominant broker as slumping ...

First formal price reduction in over a year comes as weak demand, tariffs, and synthetic stones pressure the diamond market.

De Beers cut its official diamond prices for the first time in more than a year, according to people familiar with the matter ...

De Beers typically tries to avoid price cuts because its outsize influence on the market means such a move can hit overall ...

Prices for rough diamonds — the raw, unpolished, and uncut stones — have dipped in 2023 as many post-pandemic consumers shy away from luxury goods. According to the Zimnisky Global Rough Diamond Index ...