Diamond Trade Slow Ahead of Holidays

By Rapaport / November 02, 2022 / www.diamonds.net / Article Link

RAPAPORT PRESS RELEASE, November 2, 2022, Las Vegas... Diamond trading was cautious in October as demand softened. Dealers lacked the urgency to buy, anticipating further price drops. The Jewish holidays and India's Diwali festival also slowed business. US jewelers remain optimistic for the upcoming holiday season despite high inflation and economic declines.The RapNet Diamond Index (RAPI?,,?) for 1-carat diamonds slid 3.6% in October and has fallen 6.5% since the beginning of the year. RapNet Diamond Index (RAPI?,,?)

Recent News

Mixed outlook for gold as it remains range bound for past three months

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on flat metal price

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on metal decline

June 23, 2025 / www.canadianminingreport.com

Huge quantifiable rise in geopolitical, economic and trade risks

June 23, 2025 / www.canadianminingreport.com

Platinum clearly ahead of palladium for first time in seven years

June 16, 2025 / www.canadianminingreport.com
See all >