DiamondBuzz
Average price of natural-diamond jewellery rises by 2.7%: NDC
The average price of natural-diamond jewelry across all product categories rose 2.7% to $2,360, according to a report from the Natural Diamond Council (NDC) and trend analysis company Tenoris.
The organization also researched other leading trends, including shape, size and clarity, which are all important factors in indicating consumer preferences,
The companies collected data from over 2,000 independent jewelers across the US.
Round diamonds remained the most popular, comprising 82% of center stones in natural-diamond jewelry sold in 2024. However, fancy shapes, particularly ovals and marquises, have gained share over the year. Last year, consumers began moving away from purchasing 1-carat diamonds, opting for larger ones as their center stone, the NDC found. Diamonds between 2 and 2.24 carats have seen increased popularity, up 18% during the year and accounting for 10% of the market.
Bridal comprised 33% of all diamond-jewelry sales in 2024. Meanwhile, the average price of wedding sets rose 31% as consumers bought larger stones and more expensive metals. Overall, jewelry sales across all product segments gained 5% last year, the NDC said.
“Consumers still prize natural diamonds for their unique and timeless status as an emotional gift to celebrate life’s milestones,” the organization added.
DiamondBuzz
Richemont and Signet Jewelers Could Join Global Diamond Consortium In Bid For De Beers
Richemont, Signet Would Connect The Consortium To Key Global Growth Vectors Spanning Luxury High Jewelry and Mass-Market Retail.
The Global Diamond Consortium (GDC)
Richemont and Signet Jewelers are reported to be in talks about joining the Global Diamond Consortium (GDC), the preferred bidder for De Beers according to a Bloomberg News report.
GDC was selected in July 2026 as one of Anglo American’s preferred bidders for De Beers as part of Anglo American’s ongoing corporate restructuring.
The potential inclusion of Richemont—owner of luxury Maisons including Cartier and Van Cleef & Arpels—and Signet Jewelers—the world’s largest retailer of diamond jewelry, operating brands such as Kay Jewelers, Zales, and Jared—would connect the consortium to key global growth vectors spanning luxury high jewelry and mass-market retail.
Strengthening the Natural Diamond Ecosystem: Participation by major luxury brands and global retail leaders reinforces commitment across the entire value chain—from responsible mining and manufacturing to consumer engagement.
Balanced Governance Structure: Discussions center on potential minority equity positions that would support long-term category growth while maintaining appropriate separation between ownership and commercial strategy.
Broad Stakeholder Participation: The consortium continues to advance talks with host governments, including discussions with the Government of Botswana regarding a potential increase in its equity share in De Beers from 15% to approximately 25%, alongside participation from private investors and southern African host nations.
Discussions between GDC, Richemont, Signet, and participating government stakeholders remain ongoing. Terms of any potential participation, including the size of equity interests, have not been finalized and remain subject to regulatory approvals and definitive documentation.
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