DIAMOND GEMS WEEKLY

Diamond dealers are not disappearing from the rough market, but their role has narrowed as the industry has become more efficient, consolidated, and capital-intensive, according to a discussion on an episode of Diamond Debates with Avi Krawitz.   The rough diamond market today bears little resemblance to that of a decade or two ago, Krawitz and Didier Backaert, director of Bonas Group, agreed. Rough now passes through far fewer hands before reaching manufacturing, reducing op

The discussion between Avi and Matt Gabel of jewelry advisory firm MJ Gabel examined how younger consumers are reshaping the diamond market through their growing embrace of synthetics. The conversation underscored the structural and cultural shifts now redefining both product perception and the retail landscape.   These were the key themes that emerged from the debate:   Affordability   Price, accessibility, and perceived sustainability of synthetics outweigh the legacy appea