Gem

Reuters Africa reported De Beers expects global demand growth for rough diamonds to set a new record this year.

Reuters Africa reported De Beers expects global demand growth for rough diamonds to set a new record this year.

The market news is quoted as saying,

Despite global volatility and concerns that the global economy is sliding towards another financial crisis, demand for diamonds was unlikely to be badly impacted because of its safe-haven appeal, Diamond Trading Co (DTC) Chief Executive Varda Shine told Reuters in an interview on Monday.

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