De Beers CEO Says US Diamond Demand Shows Signs of Recovery

At its final sale of last year, De Beers cut diamond prices by more than 10 percent across the board as the world’s biggest producer abandoned attempts to put a floor under the slumping market.

Feb 4, 2025 - 12:23
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De Beers CEO Says US Diamond Demand Shows Signs of Recovery
At its final sale of last year, De Beers cut diamond prices by more than 10 percent across the board as the world’s biggest producer abandoned attempts to put a floor under the slumping market.