---
title: "SPECTRUM - Voices from the Diamond Industry #21"
description: Sarine Spectrum is a roundup of all the latest diamond news, and trends, from the heart of the diamond industry. Keep up to date with all-things diamond and read our 21st edition, Voices from the Diamond Industry.
image: https://blog.sarine.com/hubfs/Sarine-diamond-journey.jpg
---

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# SPECTRUM - Voices from the Diamond Industry #21

Welcome back to the Diamond Blog! We've been on a bit of a hiatus recently as we focused on creating our new website for the [Sarine Technology Lab](https://sarine.com/lab/), the world's first AI-based automated diamond grading lab. Now, we're getting back to delivering up-to-date news and perspectives from the diamond industry, and we thought we'd re-start with our Spectrum blog, which presents a roundup of the latest interesting trends and tidbits from the world of diamonds. And what a time it is for the industry – there's diamonds at the Oscars, a little bit of big bling, blockchain, and the latest musings on millennials and diamonds. Take a look below!

 

## [Millennials are Buying More Diamonds than You Might Think](https://nordic.businessinsider.com/millennials-diamonds-de-beers-cfo-2018-2)

By Will Martin [@Business Insider](https://twitter.com/businessinsider)

According to Nimesh Patel, CFO of DeBeers, it's just not true that millennials aren't buying diamonds. In fact, this article quotes some surprising statistics. Millennials are actually very solid diamond buyers – and they haven't even yet reached 'peak affluency', which means they may turn out to be an excellent diamond buying generation after all.

 

## [Diamonds Shine at the Oscars](https://www.forbes.com/sites/anthonydemarco/2018/03/04/2018-oscars-jewelry-stars-sparkled-on-the-red-carpet/#425f4ccc4cdc)

By Anthony DeMarco [@Forbes](https://twitter.com/Forbes)

What would a post-Oscars press roundup be without the obligatory analysis of jewelry on the red carpet? And this year, diamonds made a star-studded turnout, with amazing multi-carat designs worn by [Nicole Kidman](http://www.dailymail.co.uk/tvshowbiz/article-5462389/Nicole-Kidman-stuns-Oscars-84-carats-diamonds.html), [Gal Gadot](https://www.harpersbazaar.com/celebrity/red-carpet-dresses/a19079879/gal-gadot-givenchy-dress-oscars-2018/) and many others. When it comes to the Oscars, it seems that carats matter – Kidman is noted to have worn no less than a whopping 84 carats of Harry Winston diamonds.

 

## [Who has the Biggest Diamond Bling?](https://www.usatoday.com/story/money/2018/02/12/who-has-biggest-diamond-bling/316366002/)

By Kevin McCoy [@USAtoday](https://twitter.com/USATODAY)

 Over at USA Today, they're asking the important questions, such as 'who has the biggest diamond?', inspired by last month's find of a flawless 910-carat diamond in southern Africa. The three contenders are Elizabeth Taylor,  Beyonce and Melania Trump, whose 25-carat diamond,  a 10th anniversary gift from her husband, the current US president, was featured of course in the official White House portrait of the First Lady.

 

## [DeBeers is Digging for Diamonds Like Its 2008](https://www.bloomberg.com/news/articles/2018-02-22/de-beers-set-to-mine-most-diamonds-since-global-financial-crisis)

By Thomas Biesheuvel [@Bloomberg](https://twitter.com/business)

More from Nimesh Patel of DeBeers, who says that DeBeers is mining more diamonds this year than any year since the 2008 financial crisis. This bodes well for the industry, as it reflects a growing demand for polished diamonds, though other industry insiders are warning that the market won't be able to sustain a significant increase in diamond supply.

 

## [Eternity or Identity? What Diamonds Mean to Chinese Millennials](http://www.scmp.com/magazines/style/watches-jewellery/article/2132711/eternity-or-identity-what-diamonds-mean-chinese)

By Jing Daily[@South China Morning Post](https://twitter.com/SCMPNews)

This article combines two of the hottest topics in the diamond industry – millennials (yes, they're still being talked about) and the Chinese diamond market, which is growing at a steady pace. Chinese millennials account for 68% of diamond sales in China, the highest proportion among any of the world's markets. Interestingly, more Chinese women see diamonds as a symbol of financial independence, rather than a token of marriage.

 

## [Surat-Based Diamond Companies Begin to Adopt Blockchain Technology](https://timesofindia.indiatimes.com/city/surat/city-based-diamond-cos-begin-to-adopt-blockchain-technology/articleshow/63152427.cms)

By TNN [@Times of India](https://twitter.com/timesofindia)

Speaking of hot topics in the diamond industry, blockchain is a much-talked-about trend. Lucara Diamonds and DeBeers for instance are both moving towards blockchain technology to help track diamonds through the manufacturing process, in an attempt to improve consumer confidence in diamond authenticity. In this article, you can read about how this hot technology is now being adopted by diamond manufacturers in India too.

 

 

We hope you enjoyed this week’s SPECTRUM blog post, be sure to respond in the comments or tweet us [@SarineTechltd](https://twitter.com/SarineTechltd) or follow us on [Facebook](https://www.facebook.com/sarinetech/) and [LinkedIn](https://www.linkedin.com/company/sarin-technologies).

---

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Round brilliant remained the sparklers of choice for US consumers, featuring 82% of natural diamond jewellery pieces ( [Natural Diamond Trends 2025 Overview](https://www.naturaldiamonds.com/diamond-reports-natural-diamond-trends-2025/#2)) .  Round diamonds are a timeless classic; there is no disputing that. However, 2025 also saw.\[...\]

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#### 2026 Trends Review: The Year of Mastering the Attention Economy

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Our annual trends review explores how the diamond industry can win attention in an age of distraction and retail noise.

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#### Why the Heart and the Tech Must Work Together in the Diamond Sales?

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## Sales is an incredibly challenging profession.

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#### The Restless Diamond Brief: Curiosity, AI, and Bankable Outcomes

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September 2025

*By Romy Gakh-Baram, Director of Brand and Global Marketing, Sarine*

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