The media protection and political rhetoric from certain quarters hinted at a possible collapse of the partnership. Factors such as these point out doubtlessly weaker short-term shopper confidence and negativity for future diamond acquisition by the mass markets. The Kimberley Process statistics point out that Russia is still selling diamonds strongly, with 2022 exports of 36.7 million carats valued at $US3.87 billion ($AU5.eight billion). Holding again significant volumes would allow costs to stabilise and assist the market within the short term.
- The Paraiba tourmaline has captivated gem fanatics worldwide with its electrifying neon blue colour.
- Next year’s jewelry trade calendar