Surat: Rough diamond imports in the country have witnessed a drastic drop following the call of top gem and jewellery bodies to halt rough imports fro.
Petra s Fortunes Reversed as Rough Prices Rise idexonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from idexonline.com Daily Mail and Mail on Sunday newspapers.
RAPAPORT. De Beers’ sales soared to $650 million in June as demand held up and the lack of Russian supply led to shortages.The total for the fifth cycle of 2022 was 36% higher than for the equivalent sale a year earlier and represented an 8% increase compared with May, according to data De.
RAPAPORT. Rough prices tumbled at Petra Diamonds’ latest tender as geopolitical challenges dented the market.
The April sale realized $86.1 million, down from $140.6 million in March, the miner reported Tuesday. Like-for-like prices dropped 24%, but were 3.2% higher than in December..
RAPAPORT. Rough prices have fallen substantially on the open market amid a correction following months of heightened activity, dealers told Rapaport News.Buyers had stocked up on goods in anticipation of further price increases, while rising rough valuations had resulted in thin.