Synthetic Diamonds Spark Concern

In its weekly report, Rapaport reported that worries are increasing that synthetic diamonds, grown in labs, are entering the market mixed into packages of natural diamonds. For its part, the company recommends that industry participants insist on transparency based on sufficient detection, disclosure and documentation of synthetic diamonds.

As quoted in the market news:

The recent wave of concern has so far not been confirmed by concrete evidence of a high-volume case involving undisclosed synthetic diamonds. The last such occurrence that was widely reported was in May 2012 when the International Gemological Institute (IGI) said it received several hundred Chemical Vapor Deposition (CVD) synthetic diamonds at its labs in Antwerp and Mumbai to be certified as natural diamonds.

Click here to read the full Rapaport report.