Slowing demand in China, Banks tightening credit and low profit margins led to a decrease in diamond prices in 2014.
For example:
One carat laboratory-graded diamonds was down by 9 percent.
3-carat diamonds and 0.30-carat diamonds, both of which saw price drop of about 7 percent.
While India also is showing signs of improvement under Prime Minister Modi's government, Diamond dealers hope that trading activity will increase in the coming months.
For example:
One carat laboratory-graded diamonds was down by 9 percent.
3-carat diamonds and 0.30-carat diamonds, both of which saw price drop of about 7 percent.
While India also is showing signs of improvement under Prime Minister Modi's government, Diamond dealers hope that trading activity will increase in the coming months.
