For auction watchers, diamonds continue to grab the headlines for their astronomical prices. Last year, alone, the 228 carat Rock, the largest white diamond to appear at auction fetched $1.9 million USD, while the 303.10 carat Golden Canary sold for $12.4 million USD. Not to be outdone, the 11.15 carat fancy vivid pink Williamson Pink Star sold for a whopping $57.7 million USD (more than $5 million USD per carat), setting the record price per carat for any gemstone. As we descend back to Earth, JW takes a look at how diamonds are shaping up in today’s jewellery market.