Diamond prices mixed in May — industry agency
AI Summary
Diamond prices showed mixed performance in May, with stones weighing 0.5 to 0.7 carats declining in price due to tariff policy adjustments and pre-summer sales pressure. The report comes from industry agency Rapaport.
Prices for diamonds weighing from 0.5 to 0.7 carats fell due to tariff policy adjustments, and the desire to complete sales before the beginning of summer holidays, Rapaport said