Do you lose money when selling a diamond ?
The amount you will lose selling a diamond depends on several factors, including the quality and characteristics of the diamond, the current market demand and prices for diamonds, and the method of sale.
selling lab-grown diamonds
US demand to lift India’s lab-made diamond exports to $8 billion
India, which cuts or polishes about 90% of the diamonds sold in the world, is ramping up sales of laboratory-made gems as demand from the US surges and they become more accepted in other markets. Exports of polished lab-grown diamonds may double in the current financial year started April 1 from $1.3 billion in the … Read more
Mumbai Exchange Mulls Lifting Synthetics Ban
Mumbai’s Bharat Diamond Bourse (BDB) is considering allowing synthetic-diamond trading on the exchange premises, its president told Rapaport News. Some members have asked management to reconsider its 2015 ban on selling lab-grown diamonds anywhere in the BDB’s vast office complex, Anoop Mehta said this week. The bourse will consult with members after the Diwali vacation … Read more