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Diamond Prices Jumping Along With Commodities
Feb. 16, 2011 02:17PM PST
Gem InvestingCNBC reported that diamond prices are rising as they mimic the recent strong performance of other commodities.
CNBC reported that diamond prices are rising as they mimic the recent strong performance of other commodities.
The market news is quoted as saying:
Demand from China and other emerging markets is also driving the price increase in all of those basic materials, including diamonds. Determining what drives the cost of diamonds is harder to determine, because pricing for them is not as transparent.