In June of this year, Lightbox launched its first ‘bridal’ jewelry with a range of sixteen engagement rings priced as a lot as $US5,000. Around the identical time, Indian Prime Minister Narendra Modi offered a 7.5-carat lab-created diamond to US First Lady Jill Biden on a go to to the White House. If anything, what we witnessed through the first half of 2023 was a market looking for pockets of demand and opportunities to commerce or manufacture at profit. At the very least, the intention for producers is to keep the wheels turning at around 60 per cent of full capacity for now. The reality of the matter is that pure rough diamond manufacturing is simply too high compared to what the market can readily take up. It’s been said before that there’s never a uninteresting day within the worldwide diamond business.
Canada is the third largest diamond producer on …


