Diamond prices dip globally with consumers choosing services over jewellery ...Middle East

New York: Prices for rough diamonds — the raw, unpolished, and uncut stones — have dipped in 2023 as many post-pandemic consumers are shying away from luxury goods, the media reported. According to the Zimnisky Global Rough Diamond Index, prices are the lowest they’ve been in a year. Industry analysts attribute the slump to declining sales at the jewellery counter, CNN reported. As consumers spent less money on dining and travel during the pandemic, “people had excess money to spend on discretionary purchases”, noted Paul Zimnisky, a global diamond analys. Diamond prices have adjusted to consumers choosing services over jewellery. People are eating out, traveling and spending money on expe

Hence then, the article about diamond prices dip globally with consumers choosing services over jewellery was published today ( Monday 02/10/2023 - 09:44 AM ) and is available on News room odisha ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Diamond prices dip globally with consumers choosing services over jewellery )

Last updated : 02 October 2023 clock 09:44 AM

Also on site :

Diamond prices dip globally with consumers choosing services over jewellery ...Middle East

All Three Stages of Hell matches in WWE history

China to Allow Banks to Pay Interest on Digital Yuan in Adoption Push

In Pictures: A year of royal resilience and resolution

Government sent ominous ‘destruction’ warning amid plea to back workers

Nikkei logs highest year-end close on record above 50,000

Sedmnáctý summit IFSB: Vytyčení vize pro dopad a stabilitu

'No regard for their wellbeing': Walsall fraudster conned elderly victims out of £100,000 by pretending to be from their bank

Crash at bridge on busy south Shropshire A-road - firefighters and police called to scene

Idris Elba and Lionesses lead new year honours list as more than 1,100 recognised

Scott Jennings: Americans Need to See Someone in Power Imprisoned for Massive Blue State Fraud

IPL 2026: Playoffs venue revealed! New Chandigarh Stadium in Mullanpur to host… - Reports

Martin Compston: 'As Brits, we need to fight for our NHS and BBC'

Ripple CTO Acknowledges Cardano’s Midnight Amid 100x Scale Claims

Chappell Roan Deletes Brigitte Bardot Tribute After Learning Political Views

One in two children malnourished in parts of Sudan’s North Darfur, UN says