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Commodities Briefing - Categorized | Bullion/Gold, Price Watch more

Diamond demand, prices shine

Posted on 10 June 2014

After trading lower for most of 2012 and flat all of 2013, prices of polished high quality diamonds are suddenly soaring higher. While places in South India have registered a hike of 40% to 50% in diamond prices, diamonds in Mumbai are more expensive by around $506 (Rs 30,000) for a one carat stone.
The price of big stone carats have also jumped by 20% in North India. Jewellers have attributed the sharp rise due to lower supplies and higher demand in the country, reflecting a positive outlook for the diamond sector………………………………………..Full Article: Source


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VRS - who has written 37561 posts on Opalesque Commodities Briefing.


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