Want diamonds? Buy now

April 08, 2020 11:43

Not even diamonds are forever. Diamond prices fell in March as the spreading coronavirus led to a dramatic decline in the global economy. Diamond markets are under pressure and facing a severe liquidity crisis as jewelry retail, diamond manufacturing, and trading shut down. The RapNet Diamond Index ) for one-carat diamonds dropped 6.8 percent during the month and 8.7 percent in the first quarter.

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