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

AWDC: First fully traceable artisanal diamonds from DRC sold on the international market in Antwerp

In a historic milestone for the diamond industry, fully traceable, artisanal diamonds from the Democratic Republic of Congo have been sold on the international market for the very first time in Antwerp. Below, Ine Tassignon, AWDC spokesperson, provides...

22 june 2026

Natural diamonds most desired luxury jewellery, Gen Z spending double baby boomers, reveals De Beers report

Natural diamonds remain the most desired jewellery item among US consumers, with Millennials and Gen Z driving demand value and spending, according to De Beers Group’s The Diamond Report, which draws on the biannual Diamond Acquisition Study of 18,500...

15 june 2026

Edahn Golan: India’s lab-grown diamond exports surpass natural diamonds by volume, yet value gap widens

India’s diamond industry has reached a historic turning point. In March and April 2026, the volume of lab‑grown diamond exports overtook that of natural diamonds, with lab‑grown stones accounting for 51% and 50.4% of total export volume respectively...

01 june 2026

Dr M’zée Fula-Ngenge: Kimberley Process failing Africa

The Kimberley Process (KP) is failing Africa, and the world's definition of a “conflict diamond” is a moral and legal absurdity, according to the African Diamond Council (ADC) chairperson M’zée Fula-Ngenge. The following exclusive...

18 may 2026

Study finds which jewelry Russian customers of different ages prefer

26 january 2024

Jewelry company 585*GOLDEN updated its client data and reported how the demand for jewelry changes with the age of buyers.

The retailer's customer base today includes more than 21 million people. 71% of them are women and 29% are men. The most active group consists of buyers aged 25-44 years - they account for 49.3% of the products sold.

According to the study, customers aged 45-64 years purchase 20.9% of products. At the same time, the highest average check is recorded in this age group at 9,863 rubles for women and 12,057 rubles for men.

The third place in the ranking is occupied by young people aged 18-24 years with 10.6% of sales, and elderly people aged 65+ account for only 3.2% of jewelry sold. 16% of buyers refrained from giving information about their age.

The structure of demand varies depending on the age of buyers, but in all age groups, the most in-demand product remains earrings made of precious metals, their share in the purchase portfolio is 24-27%. Among the male audience of the brand, this product accounts for 24.3% of sales.

Besides earrings, rings (21% of purchases) and bracelets (11%) are the most popular among young people aged 18-24. In the age groups of 25-44, 45-64 and 65+ year-olds there was an increase in demand for chains made of precious metals from 14% to 19%.

As for wedding rings, the highest demand for them was noted among consumers aged 18-24 and 25-44 years - 9% and 6% of the total number of purchases, respectively.

Interestingly, even at the age of 65+ the demand for wedding rings does not drop to zero, and amounts to 2%.

Alex Shishlo for Rough&Polished