The Gemological Institute of America (GIA) will report specific 4Cs color and clarity grades on its new digital reports for laboratory-grown diamonds (LGDs), replacing the currently used descriptive terms and grade ranges, as per a press release from the Institute.
Susan Jacques, GIA president and CEO said: “Natural and LGDs coexist today, accepted by both consumers and the trade. We believe the growth of LGDs will expand the overall diamond market and bring in new customers. Ensuring consumers’ trust with GIA’s reliable, independent and authoritative grading reports for all diamonds benefits the public and the entire gem and jewelry industry.”
Launching early in the fourth quarter of 2020, the new service for LGDs will include 4Cs assessment, plotted clarity diagram and proportions diagram for stones from 0.15 cts and 4Cs assessment and proportions diagram for stones from 0.15 cts up to 1.99 cts.
The Report will also include the specific color and clarity grade. All LGDs will be laser-inscribed with the GIA report number and the words "laboratory-grown" to ensure that consumers can clearly differentiate the product and fully understand their purchases.
While fees for the new LGD grading services will be the same as the current fees for natural diamond grading services, the reports will be digital-only. All reports for laboratory-grown diamonds will continue to carry a statement that the graded stone may have been treated post-growth to change its color.
Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough&Polished
Exclusive
Mmetla Masire: Okavango to resume diamond sales in January
Botswana’s state-owned Okavango Diamond Company (ODC) is set to resume diamond sales in January 2025, whether the market remains depressed or not. ODC managing director Mmetla Masire told Rough & Polished’s Mathew Nyaungwa on the side-lines of...
Today
Helga Pombal: Angola's Stardiam finds solution to the threat posed by lab-grown diamonds
Stardiam manager of production Helga Pombal told Rough&Polished's Mathew Nyaungwa on the sidelines of the Angola International Diamond Conference that lab-grown diamonds are creating a parallel market for more accessible stones, combined with lower...
11 november 2024
Ellah Muchemwa: ADPA to launch Africa's first diamond mining standard next year
The African Diamond Producers Association (ADPA), which is based in Luanda, Angola, and represents the interests of mainly African diamond producers and those with the potential to produce diamonds, will next year launch the Sustainable Development...
04 november 2024
Dmitry Fedorov: I want our jewelry to be displayed at a museum in the future
Dmitry Fedorov is the founder of the eponymous jewelry house. His main focus is the creation of Orthodox-inspired premium luxury jewelry of high artistic merit. He told Rough&Polished about his journey in the jewelry industry, about choosing the ‘Orthodox...
28 october 2024
Responsible business practices ‘no longer optional’, says WDC President Feriel Zerouki
The president of the World Diamond Council takes time out of her busy schedule to tell Rough&Polished readers about the critical work of the WDC. Zerouki, the first female present of the body, which includes all the important industry organizations among...
14 october 2024
