Small Diamonds Lead Price Gains in September
1-carat RAPI rises for second straight month.
Category: Rough
Nearly all lots sold at auction, which garnered total of $19 million.
US retailers slow to restock, while demand for diamond jewelry grows in India.
Like-for-like up 4% from previous sale in December.
Sightholders say they will still make little or no margins.
Reductions don’t go far enough, sightholders say.
What we know — and what we don’t — about the timeline, scale and provisos of the long-awaited ban.
Latest tender saw19% like-for-like increase.
Industry leaders decide not to extend voluntary pause beyond December 15.
Drop for 2024 reflects decline in prices, sources say.
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