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
More Stories
Top Stories from Rapaport
Farfetch Launches Live Stream Platform
Luxury jewelry and fashion service aimed at private clients.
AGTA President Joins US Trade Advisory Committee on Africa
Bruce Bridges will serve a four-year term from May 20.
Mountain Province Delists from Exchange in Preparation for Possible Sale
Pulling stock off public trading gives miner more flexibility for restructuring or going private.
Featured
From Legendary Mine to Market Leader, Muzo Redefines the Emerald Standard
By uniting heritage, innovation and responsibility, the company is setting a new benchmark for excellence.