As a result, the diamond market will – in my view – continue to struggle for the remainder of the year. Holding again vital volumes would permit costs to stabilise and assist the market within the short time period. Polished costs have evolved significantly over the past few years and this year alone we now have seen an average decline of greater than 15 per cent. Polished patrons might see the market weakening and were in no rush to place orders due to their correct anticipation of additional value decreases.

  • These selected shares depict a strong upward trajectory in their overall common rating which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and worth momentum.
  • Industry players anticipate the gold and pearl sectors to proceed their upward trajectory, with demand for colored gemstones gaining floor and the diamond trade finding a foothold after a gradual post-pandemic