The month of May usually sees a seasonal rise in sales at US jewelry stores. Polished-diamond imports into the country also tend to spike, but perhaps for a different reason. What’s behind the data, and how will Mother’s Day fare in this period of uncertain consumer sentiment? Rapaport Senior Analyst Joshua Freedman reports.
Colored Diamonds to Steal Spotlight at Sotheby’s New York
Fancy-pink diamond estimated at up to $2 million, while blue has $1.8 million upper price.