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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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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.
Tags: Christie's, comScore, diamond, Jewelry sales, prices, Rapaport News, RapNet, Swatch
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RAPNET INDEX
Apr 9, 2012 9:15AM    By KAMLESH SHAH
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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