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London Jewelers to receive Diamonds Do Good award at Las Vegas gala

London Jewelers will receive the 2024 Community Impact Award from Diamonds Do Good at its annual gala in Las Vegas on Thursday. The award recognises London Jewelers’ “unwavering commitment to philanthropy and community improvement” and for being “a symbol of trust and integrity for 90 years”. London Jewelers, which has stores in Long Island, New […]

De Beers slashes price of lab-grown diamonds by nearly 40%

Diamond giant De Beers has cut the price of its lab-grown rough by nearly 40%, citing a plunge in wholesale prices, the London-based company said on Friday. This engineered gemstone has become popular among frugal diamond buyers, with its price reduced from $800 to $500 per carat, a 37% discount. De Beers, which makes lab-grown […]

Company reportedly pares back prices of its diamonds this month

Jewelers of America PR Director Amanda Gizzi explains the difference between lab-grown diamonds and natural diamonds on Varney & Co. De Beers has reportedly reduced the price of diamonds. bloomberg reported on Monday Anonymous sources told the outlet that diamond miners and sellers applied the price cuts to the first jewelry sales of the year. […]