Articles Tagged "diamond sales"

October Certified Polished Diamond Prices Down on Low Demand

Diamond – Rapaport reported that prices for certified polished diamonds sank 1.7 percent in October because trading volume did not meet expectations for this time of year. Retailers in the United States have been delaying holiday inventory purchases in part due to price uncertainty, while pre-Diwali demand in India was weak.

Maligned Marange Diamond Miners Selling Gems at Discount

Diamond – AllAfrica reported that Zimbabwe companies that have been certified as compliant with the Kimberley Process are selling their rough Marange diamonds for 25 percent less than the normal price due to allegations that they have been involved in undemocratic activities, as per information from a Parliamentary Portfolio Committee on Mines and Energy.