Retail diamond prices edged higher in April following increases in March. Retail diamond price changes are based on Pricescope’s database of over 450,000 diamonds from retail stores. Read more about diamond price changes below.
De Beers, the world’s largest diamond producer, surprised traders by cutting the price of gems at its latest sale, people familiar with the process said.
Diamond prices have tumbled almost 15 percent over the past 12 months and that has Nicholas Colas, chief market strategist at Convergex, eyeing a larger trend.