News: Diamond market quiet over Passover and Easter holidays. Steady US demand for 1 to 1.50 ct. sizes supporting the trade, but dealer prices continue to soften. US retail solid; jewelers expecting strong summer wedding season. Dealers cautious due to Russia crisis and China Covid-19 lockdown..
In the 12 months since Jeweller’s first Great Diamond Debate, there has been more upheaval in both the natural and lab-grown categories. ARABELLA RODEN explores the implications for retailers, consumers, and the wider diamond industry
News: US retail supporting the market with steady demand, but dealer trading slow amid price uncertainty, China lockdown and Russian sanctions. US places Alrosa on OFAC Specially Designated Nationals list, blocking all US transactions with or benefiting the miner. American Gem Society urges.
olished trading cautious as prices continue decline. 1 ct. RAPI +0.5% in March but down in recent weeks; 0.30 ct. for March -3.9%. US bridal supporting the market. March jewelry sales +12%, Mastercard SpendingPulse reports. Uncertainty growing due to geopolitical and economic volatility and.