RAPAPORT PRESS RELEASE, March 3, 2020, Las Vegas... Diamond trading declined sharply in February due to economic uncertainty surrounding the coronavirus. Manufacturers and dealers are facing a severe liquidity crunch as sales to China and Hong Kong have stopped.Diamond prices dropped as a result of the slowdown, with the RapNet Diamond Index (RAPI?,,?) for 1-carat diamonds down 1.6% in February. RAPI for 0.30-carat goods, a popular category in the Chinese market, fell 2.1%.
Recent NewsMonetary-driven precious metals outperform major base metalsSeptember 09, 2024 / www.canadianminingreport.com
Gold stocks hit by plunging equities marketsSeptember 09, 2024 / www.canadianminingreport.com
Gold stocks down as metal and equities momentum fadesSeptember 02, 2024 / www.canadianminingreport.com
Another Kazatomprom guidance announcement shakes uranium priceSeptember 02, 2024 / www.canadianminingreport.com
Major monetary drivers still supporting goldAugust 26, 2024 / www.canadianminingreport.com
|