The diamonds market is in continuous evolution due to economic uncertainty in the United States, slow Chinese economic recovery after the pandemic, and the impact of lab-grown diamonds.
The sanctions on trade in Russian diamonds have also altered the market. Moreover, the source-verification programs and the efforts that the industry is making to comply with sustainability, are a challenge that cannot be ignored. The market supply chain is at a turning point where fully traceable sourced diamonds have become the priority.
The United States is one of the world’s largest buyers of both natural and lab-grown diamonds.
Joanna Park-Tonks, president of the International Grown Diamond Association (IGDA), said that lab-grown diamonds are no longer seen as taboo and may be moving to a peaceful coexistence with natural diamonds, given a large difference between prices of lab-grown and natural diamonds.
Timeless, well-made and skilfully crafted jewelry will continue to be sought-after.
As for diamonds, the pinks, yellows and blues are decidedly coveted.
Diamonds are still a “girl’s best friend”, especially nowadays when women are the protagonists of their own choice.
These precious stones have taken on a much wider meaning: for instance, Bea Bongiasca offers bespoke pop rings designed for a woman who prefers novelty over classic, and pop over plain.
She reinvented the way we are accustomed to see diamonds, surrounding them with enamel pop motifs.
Each piece is a miniature fantasy world, which transports the wearer into an immersive world of organic shapes, marquise-cut gems, and enamel symbols of sophistication.
For Antonini Milano natural diamonds are always the best. Antonini uses F-color diamonds both in ready-to-wear and one-of-a-kind collections. He enjoys using colored diamonds, especially brown, champagne, cognac and black.
Nanis, founded by the Italian jewelry designer Laura Bicego, creates particularly original pieces with natural diamonds such as the Bubble Statement Ring with two gold and diamond boules and brilliant-cut diamonds in an unconventional shape. A sparkling work of art! Entirely handmade, it is a real masterpiece.
Andreoli with its wide choice of statement pieces, uses a large range of diamonds and fancy diamonds paired with colored gemstones such as emeralds, sapphires, rubies, and pearls in a triumph of colors and shapes.
Marco Bicego’s creations are often very colorful. Lunaria Alta with fancy diamonds is characterized by an elegant pavé of brown diamonds in warm and vibrant shades. The different nuances are skilfully mixed for a refined and incredibly exclusive effect.
Damiani, founded in 1924, today led by the third generation of the founder’s family, carefully selects its suppliers from a small group of companies that respect the Kimberley Process, an international initiative aimed at ensuring that the profits obtained from the diamond trade do not contribute to financing wars (conflict-free diamonds).
Damiani’s expert gemmologists use extreme care to select diamonds that are distinguished by their unsurpassed value and high guaranteed quality. To ensure its quality guarantee, Damiani personalizes all diamonds of more than 0.3 carats with an exclusive laser engraving of the Damiani logo and the certification number on the stone’s band.
In the words of Anna Maccieri Rossi, a jewelry designer known for her precious creations inspired by the theme of time: “Diamond is light. I use diamonds to create frames of light in my jewels, that are always inspired by the theme of watchmaking and time. In almost all of my creations there is a diamond star in the center. Diamond is light, strength, resistance, delicacy and purity.”
Laura Astrologo Porché