BMO Capital Predicts Flat Diamond Prices

Bloomberg reported rough diamond prices are expected to stay about the same throughout the remained of the year, according to analysts at BMO Capital Markets.

As quoted in the market news:

Rough diamond prices have slipped 2 percent so far this year, according to data compiled by WWW International Diamond Consultants Ltd. Prices have risen by more than 20 percent in each of the past three years as producers struggled to keep pace with consumption.

Click here to read the full Bloomberg report.