Rare Yellow Diamond to be Sold at N.Y. Auction

Reuters reports a yellow diamond weighing 32.7 carats is expected to fetch up to $8 million at auction in October.

The market news is quoted as saying,

The Gemological Institute of America (GIA), which grades, identifies and evaluates important diamonds, ranked the rare, deeply saturated gem as among the rarest in its class.

For the complete market news, click here.