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Low End Diamonds in Short Supply

Mining disruptions in South Africa have led to a huge scarcity of lowend rough diamonds in India, and this has resulted in a rise of 1012 per cent in prices in the last two months. The segment hit the hardest is diamonds of size 1050 cents, which saw robust consumer demand during the wedding season.

It is expected diamond prices would normalise in the lean season beginning June.

Business Standard

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