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Diamond Prices Fall Slightly
Jewelry Sales Point Higher Especially Online
Feb 8, 2012 7:00 PM
By Rapaport News
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RAPAPORT...
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Polished diamond trading remains cautious as buyers wait for signs of price stability before they make any large volume purchases. Miners, manufacturers, wholesalers and retailers are carefully monitoring their inventory levels, while Rapaport Research says an oversupply of rough out of Zimbabwe is throwing the market out of balance. The RapNet Diamond Index (RAPI) for 1.00-carat polished diamonds fell 1 percent in January. Meanwhile, retail news pointed to stronger jewelry sales with comScore suggesting fourth-quarter online jewelry revenue jumped more than 18 percent, Christie's reported 2011 jewelry and watch sales surged 41 percent and Swatch Group reported that direct sales of watches and jewelry rose 14 percent in 2011.
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Tags:
Christie's, comScore, diamond, Jewelry sales, prices, Rapaport News, RapNet, Swatch
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May 17, 2013
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Winsome Diamonds and Jewellery Limited reported revenue from operations...
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RAPNET INDEX
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Apr 9, 2012 9:15AM
By KAMLESH SHAH
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INDEX IS FALLING DUE TO ZIMBABWE POLISHED GOODS WHICH ARE OF TINGE GOODS EITHER BROWN OR GREEN OR GREY OR ANY OTHER WHICH ZIMBABWE POLISHED GOODS ARE OFFERED AT MORE LOWER DISCOUNT WHICH MAKES INDEX MORE LOWER
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