{"id":26654,"date":"2024-06-26T15:07:34","date_gmt":"2024-06-26T09:37:34","guid":{"rendered":"https:\/\/gjepc.org\/solitaire\/?p=26654"},"modified":"2024-06-26T15:07:34","modified_gmt":"2024-06-26T09:37:34","slug":"de-beers-sees-rough-sales-of-315-million-at-fifth-sight","status":"publish","type":"post","link":"https:\/\/gjepc.org\/solitaire\/de-beers-sees-rough-sales-of-315-million-at-fifth-sight\/","title":{"rendered":"De Beers Sees Rough Sales of $315 Million at Fifth Sight"},"content":{"rendered":"

De Beers reported diamond sales of $315 million for the fifth sales cycle of 2024, a year-on-year decline of 31% versus $sales of $456 million in Cycle 5, 2023. Sales fell 18% compared to $383 million registered at the preceding fourth sight of 2024.<\/p>\n

De Beers Group CEO Al Cook said: \u201cThe northern summer is generally a quieter period for rough diamond sales, and this was reflected in our cycle 5 sales. The recent annual JCK jewellery show in Las Vegas confirmed a resurgence in retailers\u2019 interest in natural diamonds in the United States but ongoing economic growth challenges in China mean we continue to expect a protracted U-shaped recovery in demand.\u201d<\/p>\n\n\n\n\n
<\/td>\nCycle 5 2024<\/strong><\/p>\n

(provisional)<\/strong><\/td>\n

Cycle 4 2024<\/p>\n

(actual)<\/td>\n

Cycle 5 2023<\/p>\n

(actual)<\/td>\n<\/tr>\n

Sales value<\/strong> ($m)<\/strong><\/td>\n315<\/strong><\/td>\n383<\/td>\n456<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

De Beers reported diamond sales of $315 million for the fifth sales cycle of 2024, a year-on-year decline of 31% versus $sales of $456 million in Cycle 5, 2023. Sales fell 18% compared to $383 million registered at the preceding fourth sight of 2024. De Beers Group CEO Al Cook said: \u201cThe northern summer is…<\/p>\n","protected":false},"author":1,"featured_media":26655,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[83],"tags":[],"thb-sponsors":[],"class_list":["post-26654","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bulletin"],"acf":[],"yoast_head":"\nDe Beers Sees Rough Sales of $315 Million at Fifth 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-sees-rough-sales-of-315-million-at-fifth-sight\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"De Beers Sees Rough Sales of $315 Million at Fifth Sight - Solitaire magazine is a International jewellery magazine - India\u2019s leading B2B gem and jewellery magazine\" \/>\n<meta property=\"og:description\" content=\"De Beers reported diamond sales of $315 million for the fifth sales cycle of 2024, a year-on-year decline of 31% versus $sales of $456 million in Cycle 5, 2023. Sales fell 18% compared to $383 million registered at the preceding fourth sight of 2024. 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