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Diamonds Likely to Experience Volatile Recovery in 2012
Jan. 18, 2012 02:11PM PST
Gem Investing
CNBC reported diamonds are likely to recover from lows last summer on increased demand in Asia and the US, although the recovery will be volatile.
CNBC reported diamonds are likely to recover from lows last summer on increased demand in Asia and the US, although the recovery will be volatile.
As quoted in the market news:
Rough diamond prices are likely to recover from the lows of last summer and will gradually increase over the course of 2012, although the improvement is likely to be volatile and dependent on growth in Asian demand and U.S. consumer demand, RBC markets said in its 2012 Diamond Outlook report.