Diamond Trading Slows in March

RAPAPORT PRESS RELEASE, April 11, 2018, New York: Diamond prices stabilized in March, but sentiment softened after a positive start to the year. Dealers were disappointed with the Hong Kong diamond show, while a major bank fraud involving two Indian jewelry companies impacted confidence as well. The RapNet Diamond Index (RAPI?,,?) for 1-carat diamonds slid 0.1% in March. RAPI for 0.30-carat stones rose 0.4%, while RAPI for 0.50-carat grew 1.1%. RAPI for 3-carat diamonds declined 0.4% during the month. RAPI for 1-carat rose 2.8% during the first quarter. RapNet Diamond Index (RAPI?,,?)

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