{"id":17378,"date":"2022-10-06T13:50:05","date_gmt":"2022-10-06T08:20:05","guid":{"rendered":"https:\/\/gjepc.org\/solitaire\/?p=17378"},"modified":"2022-10-06T13:50:09","modified_gmt":"2022-10-06T08:20:09","slug":"de-beers-sells-rough-worth-500-million-at-8th-sight","status":"publish","type":"post","link":"https:\/\/gjepc.org\/solitaire\/de-beers-sells-rough-worth-500-million-at-8th-sight\/","title":{"rendered":"De Beers Sells Rough Worth $500 Million At 8th Sight"},"content":{"rendered":"\n<p>De Beers said its eighth sight held from <a>19<sup>th<\/sup> September to <\/a>4<sup>th<\/sup> October witnessed rough diamond sales of $500 million, an increase of 1.62% on a year-on-year basis, but down 22% versus the preceding seventh sight of 2022.<\/p>\n\n\n\n<p>Bruce Cleaver, CEO, De Beers Group, said: \u201cDemand for our rough diamonds during sales cycle 8 was in line with expectations at what is a traditionally quieter time of year for the diamond industry as polishing factories in India prepare for closures ahead of the Diwali holidays. The steady overall demand for De Beers Group rough diamonds is reflected in the ongoing consumer demand for diamond jewellery ahead of the key holiday sales season in the US.\u201d<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><\/td><td><strong>Cycle 8 2022<\/strong> <strong>(provisional)<\/strong><\/td><td>Cycle 7 2022 (actual)<\/td><td>Cycle 8 2021 (actual)<\/td><\/tr><tr><td><strong>Sales value ($m)<\/strong><\/td><td><strong>500<\/strong><\/td><td>638<\/td><td>492<\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>De Beers said its eighth sight held from 19th September to 4th October witnessed rough diamond sales of $500 million, an increase of 1.62% on a year-on-year basis, but down 22% versus the preceding seventh sight of 2022. Bruce Cleaver, CEO, De Beers Group, said: \u201cDemand for our rough diamonds during sales cycle 8 was&hellip;<\/p>\n","protected":false},"author":1,"featured_media":17379,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[83],"tags":[],"thb-sponsors":[],"class_list":["post-17378","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bulletin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>De Beers Sells Rough Worth $500 Million At 8th Sight - Solitaire magazine is a International jewellery magazine - India\u2019s leading B2B gem and jewellery magazine<\/title>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gjepc.org\/solitaire\/de-beers-sells-rough-worth-500-million-at-8th-sight\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"De Beers Sells Rough Worth $500 Million At 8th Sight - Solitaire magazine is a International jewellery magazine - India\u2019s leading B2B gem and jewellery magazine\" \/>\n<meta property=\"og:description\" content=\"De Beers said its eighth sight held from 19th September to 4th October witnessed rough diamond sales of $500 million, an increase of 1.62% on a year-on-year basis, but down 22% versus the preceding seventh sight of 2022. 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