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Indian diamond: Diamond traders hope Biden visit will restore sparkle to business with US

The Indian diamond trade is hopeful for a better deal with the US following President Joe Bidens attendance at the G20 Summit. The US has reduced imports of cut and polished diamonds from India by nearly 50% due to concerns that some of these stones might be indirectly sourced from Russia.
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Golden Connection: the ups and downs of gold jewellery in a topsy-turvy world - Jeweller Magazine: Jewellery News and Trends

Consumers see the price of gold reported on a daily basis, and in recent times that price has been rising. Does this negatively impact sales of gold jewellery, or is there a counter-intuitive occurrence; gold jewellery sales increase when the gold price increases?
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