The Conversation (0)
Reuters reported prices of rough diamonds are expected to rise this year after a turbulent 2011, driven by recovering consumer demand in the United States and a robust appetite for the gems in Asia.
Reuters reported prices of rough diamonds are expected to rise this year after a turbulent 2011, driven by recovering consumer demand in the United States and a robust appetite for the gems in Asia.
As quoted in the market news:
Diamonds had a rollercoaster 2011, with a bumper first half followed by a steep drop in prices as markets unraveled over the summer months, despite the dearth of new mines, low inventories and Asia’s growing demand.