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Diamond and Jewelry Week In Review: 4/29/05

U.S. retail demand improves for 2ct+,SI1+. Dealer prices firm but activity is slow due to Passover holiday. U.S. consumer confidence declined 5% in April and long-term outlook index fell to lowest level in 22 months.

Gold strong at $435.45. Platinum strong at $873.00.

Analysts predict further rises in the Gold price as the dollar remains weak.


Posted by Barry Gutwein on April 29, 2005 10:46 AM in Diamond News | Comments (0)

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