The Money Blog

  Football legend Cristiano Ronaldo has officially proposed to his long-time partner Georgina Rodríguez, and the ring is drawing global attention. Georgina shared the news on Instagram with the romant...

 In the bustling city of Surat, the “diamond capital of the world,” entire neighborhoods depend on one thing – the sparkle of cut and polished diamonds. But now, that sparkle is dimming.

From August ...

De Beers Unveils Major Diamond Discovery in Angola

After 30 years of exploration, global diamond giant De Beers has confirmed the discovery of a new kimberlite field in Angola, sparking excitement ac...

The South African government has officially joined the international marketing campaign led by the Natural Diamond Council (NDC), aiming to boost demand for natural diamonds amid the growing competiti...

Luxury jeweler Tiffany & Co. has unveiled and released for sale its most valuable piece in history – the Empire Diamond Necklace, featuring an extraordinary 80-carat, D-color, internally flawless diam...

The International Gemological Institute (IGI) has announced a major expansion of its certification services in response to surging global demand for lab-grown diamonds (LGDs). In the first half of 202...

De Beers, the iconic diamond mining company, has reported a staggering $245 million loss for the first half of 2025. This comes amid a challenging period for the natural diamond industry, which contin...

Luxury Fancy Color Diamond Market: Signs of Stability Emerge in Q2 2025

New York, July 25, 2025 – The fancy color diamond market, despite a modest 0.5% decline in Q2 2025, is showing early signs o...

GABORONE, 24 July 2025 (DiamondLuxo) — The Government of Botswana has announced its intention to acquire more than 50 % of De Beers, the world’s foremost diamond producer. Until now, Botswana has held...

On 21 July 2025, in Geneva, members of the World Federation of Diamond Bourses (WFDB) convened to address the alarming surge of laboratory-grown diamonds in the global market. WFDB President Yoram D...

The International Gemological Institute (IGI) has announced it will continue to certify lab-created diamonds using the same universal "4Cs" grading system (cut, color, clarity, carat) applied to natur...

Despite recent challenges—including price drops, growing competition from lab-grown stones, and global uncertainty—the long-term outlook for the diamond industry remains strong.

A new report by Allie...