World diamond news

Rapaport Weekly Market Comment Jan. 11, 2013

January 2013

Diamond markets quiet. Rough prices may come under pressure ‎as banks scrutinize manufacturers and reduce credit facilities that have encouraged speculation and price manipulation. Far East polished demand improving ahead of Chinese New Year but ‎consumers remain price sensitive. Indian retail diamond demand strong. Government may raise ‎gold import duty to 6% encouraging shift in consumer demand to diamonds.   

 


 

                                                                       Source: Rapaport Weekly Market Comment Jan. 11, 2013