The diamond industry was slow to recover in 2016 and coloured gems got a welcome shot in the arm. Mixed signals leave no clear indicators for 2017.
Read MoreFind out why the number of very large diamonds entering the market has increased sharply in the last few years.
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Big diamonds – really big ones – dominated the news in May, setting sales records for colourless and coloured beauties.
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De Beers reduces rough prices at May sight, undisclosed treated diamonds submitted to GIA, and Sotheby’s and Christie’s sales break auction records − again.
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Auction price records were broken in late 2014 as ultra-wealthy buyers vied for rare, important gemstones.
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On Oct. 7 in Hong Kong, a 118.28 ct D-Flawless sold for more than $30 million, becoming the most expensive colourless diamond ever sold at auction.
Read MoreThis article describes what is known about the Wittelsbach Blue since it was first reported in 1666, and the gemmological information released to date on this diamond.
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