The Price of Diamonds
Does anyone in our industry actually know the price of a rough diamond? Nowadays, precious few of us do. But paying the right price for rough is fundamental to our industry’s economics: pay too much or too little, and eventually, we all suffer. However, very few buyers know the accurate price of rough diamonds. The […]
Why we need to stop making decisions based on emotions
April 24, 2022 – On my last trip to New York and India, I met with many respected diamond manufacturers and retail jewelers. While we talked about the diamond industry and UNI, the often emotional discussions repeatedly focused on the “market situation.” I understand why emotions often come into play when diamantaires talk about diamond […]
