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Nivoda offers access to the world’s diamond supply minus the hassle and cost often associated with sourcing product. Professional Jeweller finds out if retailers that use its online platform agree
In response to the March 20 Rapaport Price List, many traders have removed their stock from the online listing service.
The move comes as steep diamond price drops on the March 20 Rapaport Price List caused widespread anger in the trade.
An overwhelming majority of 79% voted against the introduction of listing synthetics, whilst the figure for those rejecting a lab-grown price list was only slightly lower at 74%
Members of the world’s largest diamond trading network will be voting on whether to provide diamond listing and pricing services for synthetic stones.