Israel Diamond Exchange issues announcement following GIA Lab Alert on undisclosed treated diamonds

The President and the Board of the Israel Diamond Exchange issued a statement today, expressing concern about reported suspicions that traders have distributed close to 500 high-quality, treated polished diamonds in the Israeli diamond trade, without disclosure, and with GIA diamond grading reports that misrepresented the diamonds' true identity. The deception was exposed by GIA, which subsequently issued a laboratory alert and informed the "appropriate trading bodies."

Read More »