We are excited to announce this special edition report, offering insights and strategies for 2026.

In 2025, the jewelry industry was subjected to unprecedented pressure. Geopolitical disruption, tariff volatility, record gold prices, the acceleration of lab-grown diamonds, and the rapid rise of automation and AI converged at once, reshaping the business from every direction.

Our report explores this moment through the lens of magma. Like volcanic forces beneath the surface, these exigent pressures are destructive and generative at the same time. What cannot withstand the heat will disappear. What can adapt will emerge stronger.

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