Rapaport article on rough diamond prices decreasing significantly.
These decreases would appear to be down to a couple of reasons, firstly a natural pull back from record prices with some over committing.
Secondly the risk associated due to the Russia invasion of Ukraine.
Longer term fundamentals still show a likely under supply.
https://www.diamonds.net/News/NewsItem.aspx?ArticleID=68520&ArticleTitle=Rough%2bPrices%2bDrop%2bas%2bTrading%2bCools
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Open | High | Low | Value | Volume |
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2 | 55000 | 0.170 |
4 | 378913 | 0.165 |
8 | 299272 | 0.160 |
2 | 62258 | 0.155 |
Price($) | Vol. | No. |
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0.185 | 99734 | 1 |
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