The festive cheer, the series of 'good news' reports and the stepped up buying all mean that the good times are probably back for the diamond industry.
Articles Tagged "international diamond"
Traders, cutters, and retailers are all warning that the diamond business’ struggles will cause a restructuring of the entire industry.
Diamond values held steady in July, after rapid inflation earlier in the year. Weak consumer demand in the US, coupled with fear that the recession will spread globally put the lid on prices. Diamond values are still up 15 percent compared to a year ago.