DiamondBuzz
AWDC unveils gumball machine dispensing 5-euro LGDs in Antwerp
A gumball machine dispensing five-euro lab grown diamonds was unveiled on 12 June as part of a two-pronged campaign, highlighting Antwerp’s history as a diamond hub – and the low value of lab growns. Lab growns account for just 0.6 per cent of the diamonds traded in Antwerp, which has been a global hub for almost 580 years.
The cheeky stunt, taking place today and tomorrow at the city’s Stadsfeestzaal shopping mall, is part of the new We Protect a Legacy initiative by the Antwerp World Diamond Centre (AWDC).
The campaign highlights the core differences between natural and lab growns, which remain unclear to many consumers, leaving room for confusion — and in some cases, deliberate misinformation. the market price of synthetic diamonds has collapsed in recent months, losing up to 95 per cent of their value over the past seven years, while natural diamonds are becoming increasingly scarce
DiamondBuzz
Prices stable for large diamonds, softness continues in the sub-1-carat categories:Rapaport
The report stated that large stones stable; small stones weakest. Market softness continued in the sub-1-carat categories.India saw steeper declines than the US, largely due to the impact of America’s 50% tariff on Indian diamond imports.
US: Steady pre-holiday demand, especially for 2–4 ct, F–J, VS–SI, in rounds and long fancies. Online spending hit record highs over Thanksgiving/Black Friday, yet major retailers continued emphasising lab-grown for fashion segments.India: Domestic demand remained healthy.China: Diamond demand subdued, though jewellery retail showed early stabilisation (Chow Tai Fook revenue –1.1%; Luk Fook +20–30%).
India’s rough imports –45% YoY in October amid Diwali closures and inventory control.De Beers held prices steady and allowed full refusals; its rough remains priced above secondary-market levels.Namibia signalled interest in acquiring a minority stake in De Beers.
Sentiment mixed. Independents report strong interest in large rounds and fancies; marquise and old-mine cuts are outperforming.
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