Diamond Market More Optimistic

RAPAPORT PRESS RELEASE, December 3, 2019, Las Vegas ... Sentiment in the diamond industry improved amid rising expectations for the holiday season. A rallying stock market fueled optimism as the Dow average climbed 3% in November, and anticipation of a US-China trade deal helped as well.Polished prices firmed, supported by reduced supply and steady US and Chinese demand for RapSpec A3+ diamonds below 1 carat. The RapNet Diamond Index (RAPI?,,?) for 1-carat stones fell 0.5% during November, while RAPI for 0.30-carat improved significantly. RapNet Diamond Index (RAPI?,,?)

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