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Diamonds Lose Some Shine, No Further Big Falls Anticipated
Sep. 06, 2011 10:02AM PST
Gem InvestingMining Weekly reports analysts say diamond prices should hold their current levels for the year and into 2012.
Mining Weekly reports analysts say diamond prices should hold their current levels for the year and into 2012.
The market news is quoted as saying,
Diversified giant BHP Billiton last month reported a 15% to 20% drop in prices for its most recent tender, with other suppliers showing a 10% to 15% decline, said BMO Capital Markets analyst Edward Sterck.
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| Commodities | |||
|---|---|---|---|
| Gold | 2390.86 | +0.85 | |
| Silver | 28.67 | +0.01 | |
| Copper | 4.52 | +0.05 | |
| Oil | 83.24 | +0.51 | |
| Heating Oil | 2.55 | +0.01 | |
| Natural Gas | 1.76 | 0.00 | |
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