Paul Zimnisky Diamond Analytics Podcast – Amish Shah Returns

Amish Shah from ALTR Created Diamonds returns to the show to discuss the latest in the lab-grown diamond and jewelry market. Paul and Amish begin by discussing LVMH’s latest sales results and the two share expectations for the upcoming holiday season. The conversation then moves to diamond supply and how Western sanctions on Russian natural diamonds is impacting lab-diamond demand. Next, the two discuss lab-diamond prices and what to make of current shortages in smaller size categories. Paul then raises the question of how retailers of lab-diamonds will respond if the novelty of the product wears off and margins soften. Finally, Paul and Amish discuss the impact of rising energy prices on lab-diamond production, foreign exchange rate volatility and the importance of diamond industry marketing.