World diamond news
Rapaport Weekly Market Comment Jan. 11, 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