Diamond Market Cautious Ahead of Holidays

RAPAPORT PRESS RELEASE, November 3, 2020, Las Vegas... The diamond market continued to improve in October as holiday orders picked up. Supply shortages helped buoy prices of 1-carat and larger stones. However, the positive sentiment of the previous month weakened due to a rise in global Covid-19 cases and uncertainty surrounding the US election. The RapNet Diamond Index (RAPI?,,?) for 1-carat polished diamonds rose 1% in October and was up 2.9% from the beginning of the year. RapNet Diamond Index (RAPI?,,?)

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