The great reset: Paul Zimnisky on supply catharsis, De Beers' bargain and the case for natural diamonds

The natural diamond industry is in the throes of its most profound reset in a generation. Supply is plunging to its lowest level since 1987 and De Beers—once valued at over $9 billion—is reportedly being sold for as little as $1 billion.
Lab-grown...

10 august 2026

Roman Karakurkchi: Maintaining the highest standards of jewelry craftsmanship

Roman Karakurkchi is the founder of the Roman Karakurkchi jewelry brand and the International Jewellery School that brings together instructors from Russia, the USA, the Netherlands, Spain, Belgium, Italy, and Germany, as well as students from 65 countries...

03 august 2026

Mehul Shah pledges to bring new approach to leading WFDB

Mehul N. Shah, who was elected in July as President of the World Federation of Diamond Bourses at the 41st World Diamond Congress in Singapore, is one of India's best-known diamantaires and a prominent leader in the international diamond industry...

27 july 2026

Charlotte Rose on making history, modernising the London Diamond Bourse, and why finance is the industry’s silent crisis

When Charlotte Rose was elected president of the London Diamond Bourse in June 2026, she didn't just break an 86-year tradition—she became the first woman to lead any diamond bourse globally. In an exclusive interview with Rough & Polished’s Mathew...

20 july 2026

Yoram Dvash: Industry unity, producer leadership and marketing investment key to natural diamond's future

The natural diamond industry is navigating a period of significant transition, but there are increasing signs that the foundations for a stronger and more positive future are being built, according to the World Federation of Diamond Bourses (WFDB)...

29 june 2026

How do Russians feel about diamonds

30 november 2022
Every tenth Russian considers the purchase of jewelry with diamonds and diamonds as an investment, according to data from a joint study of the Sokolov jewelry brand and the A2:Research analytical agency.
"Every tenth respondent considers the purchase of jewelry with diamonds and diamonds as a way of investment, since stones practically do not lose in price," the review says.
It notes that for 68% of Russians jewelry with precious stones is a sign of status, for 16% such jewelry looks expensive and beautiful, for another 5% it is a way to attract attention to themselves.
More than half of Russians want to see diamonds in jewelry if they buy it for themselves. 32% of respondents are ready to give jewelry with precious stones to friends or relatives. At the same time, respondents prefer rings, earrings and pendants with precious stones.
At the same time, 38% of respondents say that it is not customary to wear expensive jewelry in their environment. According to half of Russians, jewelry with precious stones is worn only by adults.
At the same time, most Russians prefer cubic zirconia, because in appearance they do not differ from precious stones, but are inexpensive.
Russians spend an average of 16,118 rubles on jewelry with precious stones.
The highest average receipts for diamond jewelry were recorded in Kazan, Chelyabinsk, Moscow, Yekaterinburg and Tyumen – about 20,000 rubles.

Alex Shishlo for Rough&Polished