Low Diamond Prices Expected To Continue To 2013

Mineweb reported diamond prices are expected to stay low and struggle on through 2013, according to RBC Capital.

As quoted in the market news:

The ultimate symbol of luxury and wealth, it is unsurprising that the sale of polished diamonds has been on the decline recently.

A little more surprising, however, than the decline in polished stones has been the price reaction from the major sellers of rough stones.