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    Global meltdown hits diamond market

    Melissa Pistilli
    Oct. 29, 2008 10:35AM PST
    Market News

    Diamond Investing News reports with the current global market crisis, diamond trading have been hit. Traders expect the prices of gems to deteriorate in the coming months, but no one has any idea as to how much of a change to expect. In order to balance the supply demand equation, the Gem and Jewellery Export Commission …

    Diamond Investing News reports with the current global market crisis, diamond trading have been hit.

    Traders expect the prices of gems to deteriorate in the coming months, but no one has any idea as to how much of a change to expect. In order to balance the supply demand equation, the Gem and Jewellery Export Commission of India has joined the World Federation of Diamond Bourses in pleading to mining companies to curb their outputs of rough diamonds

    For complete story, click this link. Follow developments in resource mining and exploration for free.Sign on to the Resource Investing Newsletter.

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