Diamond Prices Slide as Year Begins with Caution

RAPAPORT PRESS RELEASE, February 5, 2019, Las Vegas ... Polished-diamond prices softened in January as US restocking proved slower than expected after the holiday season, and as Far East buyers took vacation ahead of the Chinese New Year. Dealers were cautious due to weak demand, tight profitability and a significant reduction in bank credit.The RapNet Diamond Index (RAPI?,,?) for 1-carat diamonds fell 0.4% in January and was down 1.8% from a year ago. RapNet Diamond Index (RAPI?,,?)

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