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De Beers reported a 14 percent drop in rough diamond production in the third quarter of the year, which it attributed to weak demand due to macroeconomic uncertainties and a challenging midstream market.
Hong Kong’s major jewellery retailers reported weaker sales in the second quarter of their respective fiscal years owing to continued protests in the city, coupled with uncertainties in the world market.
The Gemological Institute of America is organising quarterly sessions in New York where researchers will share their latest gemmological discoveries on natural diamond formation and lab-grown diamonds, to name a few.