Singapore Diamond Market May See Resurgence

Reuters reported Singapore’s recent diamond show may mark the reemergence of the gem trade in the city-state.

As quoted in the market news:

The 110-carat “Yellow Dragon” diamond, valued at $11 million to $15 million, would normally have been showcased in more established diamond markets such as Geneva, New York and London, said Vihari Sheth, managing director of Vihari Jewels and a third-generation diamond trader.

Click here to read the full Reuters report.