Diamond Trading Slows in Seasonal Lull

RAPAPORT PRESS RELEASE, August 1, 2018, New York... Diamond prices softened slightly in July due to a seasonal slowdown as US wholesalers closed for their summer vacations. Bargain-hunters were asking for higher discounts during the quiet period, but suppliers had little urgency to sell after a positive first half.The RapNet Diamond Index (RAPI?,,?) for 1-carat diamonds slid 0.4% in July, but remains up 3% since the beginning of the year. The index has increased 0.8% in the past 12 months. RapNet Diamond Index (RAPI?,,?)

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