Demand for jewellery drives surprising diamond rebound
Polished gem prices jump; 2 biggest diamond miners raise prices of rough diamonds by hefty percentages
DeeperDive is a beta AI feature. Refer to full articles for the facts.
London
THE turnaround for the gems market from the depression in the early months of the pandemic in 2020 has surprised both diamond dealers and analysts.
Polished gem prices have jumped in the past 6 months and the two biggest diamond miners, Alrosa from Russia and De Beers in the UK, recently raised their prices of rough diamonds by hefty percentages.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Beijing’s calculated silence on the Iran war
Middle East-linked energy supply shocks put Asean Power Grid back in focus