RAPAPORT PRESS RELEASE, April 5, 2022, Las Vegas... Diamond market sentiment weakened in March as concerns rose about Russian sanctions, US inflation and China's Covid-19 restrictions. Prices softened, particularly for goods below 0.30 carats. The RapNet Diamond Index (RAPI?,,?) for 1-carat diamonds rose 0.5% in March and 13.5% through the first quarter. The index for 0.30-carat goods fell 3.9% during the month.
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