Polished dealers are reporting slow demand after the holidays, with retailers reluctant to buy for inventory. However, supply shortages are supporting prices following India’s two-month voluntary freeze on rough imports. How will these realities play out in 2024, and what’s next for lab-grown diamonds? Rapaport Senior Analyst Joshua Freedman reports.
US Diamond Market Shows Mixed Messages
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Polished dealers are reporting slow demand after the holidays, with retailers reluctant to buy for inventory. However, supply shortages are supporting prices following India’s two-month voluntary freeze on rough imports. How will these realities play out in 2024, and what’s next for lab-grown diamonds? Rapaport Senior Analyst Joshua Freedman reports.
US Diamond Market Shows Mixed Messages
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