Diamond Business

A sparkling, large, brilliant-cut diamond resting on a gold-flaked mound, surrounded by pomegranates, challah, apple slices, honey jars, and shofars, set against a blurred city skyline seen through a window. The Hebrew words "שנה טובה" (Shana Tova) hang above.

New Year Brings New Beginnings

Letter from WFDB President Dear Friends,  As we usher in the Jewish New Year, I want to share with you several positive developments in the diamond industry that inspire both encouragement and optimism. To begin, I extend sincere congratulations to the AWDC and the European Union for successfully securing a zero-tariff agreement on diamonds polished […]

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GIA Moves to Redefine Lab-Grown Diamond Grading, Signaling Clearer Divide from Natural Diamonds

The world’s leading authority in gemology(GIA) is redefining lab-grown diamond grading by dropping the traditional 4Cs system, further emphasizing the growing divide between natural diamonds and man-made diamonds. In a landmark decision that will reverberate through the global diamond industry, the Gemological Institute of America (GIA)—the world’s foremost authority in gemology—has announced it will no

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