Diamond Market Cautious Ahead of Holidays

By Rapaport / November 03, 2020 / www.diamonds.net / Article Link

RAPAPORT PRESS RELEASE, November 3, 2020, Las Vegas... The diamond market continued to improve in October as holiday orders picked up. Supply shortages helped buoy prices of 1-carat and larger stones. However, the positive sentiment of the previous month weakened due to a rise in global Covid-19 cases and uncertainty surrounding the US election. The RapNet Diamond Index (RAPI?,,?) for 1-carat polished diamonds rose 1% in October and was up 2.9% from the beginning of the year. RapNet Diamond Index (RAPI?,,?)

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