Figures from China’s National Gemstone Testing Center indicate dealers and consumers made savvy diamond choices to get the most for their money during last year’s economic slump. Buyers appeared to shift to larger sizes and high colors but lower clarities compared with 2022. A number of possible explanations exist, says Rapaport Senior Analyst Joshua Freedman.
Strong Gold Prices Dent Chow Tai Fook Revenue
Decline in sales narrowed over the second half of the fiscal year.
