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Diamond Prices Update.

Last week's DeBeer's site was one of the largest of the past year and valued at approximately 750 million.

Site holders reported that prices were increased by 3-4 % across the board with greater price increases for larger diamond rough of 3 carats
plus. Site holders also reported that they will have to increase their prices for the polished goods from 3-6% in order to maintain profitability.

Retail consumers can expect to see these increases on diamonds from .75 carat and up very shortly.


Posted by Barry Gutwein on January 16, 2005 1:51 AM in Diamond News | Comments (14)

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