Switzerland's supply neutrality and sanctions against Russia on 27 September
The headline points to sanctions affecting trade with Russia, which can alter flows of goods and industrial inputs.
Source →The trace
How it reaches your house.
Starting from Alrosa PJSC, we walked the supply graph hop by hop to the goods you buy and the companies you own. Each step is the engine’s reasoning, scored for confidence and cited where a source backs it.
First impact
Alrosa PJSC →Shortage riskSanctions on Russia can constrain Alrosa, and this edge carries a 30% supply share with a 24-month replacement time, so downstream diamond availability tightens materially.
74% confidenceHop 2
Cut & Polished Diamonds →Shortage riskSanctions that constrain Alrosa-linked diamond flows can reduce the availability of cut & polished diamonds for jewelry manufacturing, and this edge is marked as a critical downstream dependency.
84% confidenceHop 3
Jewelry →Stands to benefitAs sanctions constrain natural-diamond supply, jewelry buyers have a clearer substitute in lab-grown stones, which should lift demand for this input.
66% confidenceJewelry →Prices easeRefined Gold Bullion (Jewelry Grade)
If diamond shortages and sanctions pressure reduce jewelry output, demand for jewelry-grade gold softens even though gold has broader uses outside jewelry.
58% confidenceJewelry →Prices easeHop 4
Lab-Grown Diamonds (CVD/HPHT) →Stands to benefitIndia accounts for 91% of this node's supply, so it captures most of the upside if demand shifts toward lab-grown diamonds.
84% confidenceLab-Grown Diamonds (CVD/HPHT) →supply upLab-grown diamonds are a direct jewelry input, so any substitution-driven increase in their availability supports jewelry production.
76% confidenceRefined Gold Bullion (Jewelry Grade) →Prices riseJewelry is a critical downstream user of jewelry-grade refined gold bullion, so sanctions-linked tightness in this input raises jewelry manufacturing costs.
Where it lands
What you buy, and what you own.
Goods you buy
Jewelry
Companies you may own
De Beers GroupSwarovski
Tap a company to see what it told the SEC could break it.
In the MyPRIA app, this is checked against your own holdings.