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Diamond Prices

Where are diamond prices now and what is likely to happen in the coming months?....

Diamond prices have fallen consistently since summer driven by a combination of over production in countries such as India, and low demand from European countries still recovering from the financial crisis.


The good news, depending on which direction you are coming from, is that prices are almost certainly due to increase very soon. Demand is growing in preparation for Christmas, Dewali and other seasonal celebrations; the Indian companies who are sitting on huge stockpiles of polished goods have layed off workers and are not buying more rough from the rough diamond sites and will close over Diwali; and 2016 is set to see significant increase in demand.


NOW is the time to buy!

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