De Beers Raises Diamond Prices Again

Summary of article published in Professional Jeweller, January 2022 by Sam Lewis. 

While De Beers does not disclose price changes in its regular rough diamond sales, Bloomberg has reported that anonymous sources have confirmed that the latest price increase equates to around 8%.

This comes after De Beers applied a significant discount to its rough diamonds last autumn in a bid to reboot buyer interest - which apparently proved effective.

Subsequently, by January 2021, almost exactly one year ago Bloomberg again reported a similar story to today’s, albeit about an estimated 5% rise.

Rough diamond prices at De Beers and across the industry have fluctuated wildly throughout the pandemic but have apparently now resumed the longer term moderate uptrend.

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