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Brauner Addresses Issues With the Synthetic Diamond Market

Oct 7, 2013 7:52 PM   By Rapaport News
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In his second consecutive year speaking at the Rapaport International Diamond Conference, Marc Brauner, the co-CEO of the International Gemological Institute (IGI) Worldwide addressed the most pressing issue: synthetic diamonds and their diffusion into the market. Brauner provided an overview of how man-made diamonds have evolved as well as the types of synthetic diamonds his laboratory has seen over the past year. He also provided some tips on how to identify man-made stones. Synthetic diamond production is increasing and synthetic producers are gearing up production as demand for their stones is increasing globally, especially among younger consumers. Many in the trade are also becoming uneasy with these stones since small colorless stones have been passing undetected into the market. While the diamond industry should move toward  embracing transparent synthetic production, as technology advances, Brauner implored the trade to specifically address synthetic producers who are not transparent and have been deliberately producing small stones to undercut the natural diamond market. 
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