China Slowdown Weighing on Diamond Prices

RAPAPORT PRESS RELEASE, September 3, 2019, Las Vegas ... Diamond markets were quiet in August, with dealers taking their summer vacations amid uncertainty about the important Hong Kong Jewellery & Gem Fair. Demand from China slowed due to an escalation of the US-China trade war, protests in Hong Kong, and the depreciation of the yuan.Diamond prices continued to soften, with the RapNet Diamond Index (RAPI?,,?) for 1 carat down 0.4% during the month. RapNet Diamond Index (RAPI?,,?)

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