Edahn Golan: Diamond Price in V-Shape Recovery

Market Analysis
20/01/2021 13:12

Industry analyst Edahn Golan in a contribution dives into polished diamond prices in 2020, describing the V-shaped recovery of prices, which tumbled down 9.3% as the pandemic hit the global market, to start a remarkable rebound as the industry came out of hibernation, with strong end of year sales. "in January, ahead of Valentine’s Day, retailers will be busy replenishing their inventories. A continued rise in polished diamond prices is expected again.", Golan concludes.