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Polished diamond prices fall on global uncertainty

Polished diamond prices have “suffered a setback in April,” falling 2.1% month-on-month.

Prices have been showing some small signs of recovery since November 2022 with declines getting progressively smaller, making the more significant drop in April feel jarring.

According to the analysis, “[…] uncertainty persists globally, the US feels jittery over bank collapses and China’s post-Covid bounce back – at least in terms of diamond spending – fails to materialize.”

Source: IDEX Online.

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