Polished dealers are reporting slow demand after the holidays, with retailers reluctant to buy for inventory. However, supply shortages are supporting prices following India’s two-month voluntary freeze on rough imports. How will these realities play out in 2024, and what’s next for lab-grown diamonds? Rapaport Senior Analyst Joshua Freedman reports.
US Diamond Market Shows Mixed Messages
Polished dealers are reporting slow demand after the holidays, with retailers reluctant to buy for inventory. However, supply shortages are supporting prices following India’s two-month voluntary freeze on rough imports. How will these realities play out in 2024, and what’s next for lab-grown diamonds? Rapaport Senior Analyst Joshua Freedman reports.
US Diamond Market Shows Mixed Messages
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