The Conversation (0)
De Beers Sees Diamond Prices Steadyng After Rising More Than 35%, CEO Says
Oct. 18, 2011 02:09PM PST
Gem Investing
Bloomberg reported spurred by demand by China and India, De Beers said rough diamond prices will fluctuate around current levels.
Bloomberg reported spurred by demand by China and India, De Beers said rough diamond prices will fluctuate around current levels.
As quoted in the market news,
Prices paid for the company’s uncut, unpolished diamonds increased about 35 percent in the first half and rose further after that before declining slightly, according to De Beers. Rough diamond prices advanced 49 percent in the first half after two straight years of more than 30 percent gains, data compiled by PolishedPrices.com show.