The diamond market has evolved in the recent decade. Initially, the scarcity of diamonds was the driving force that made the world buy diamonds and diamond jewellery. Fast forward to the 20th century, diamonds have become the most high-selling entities. Diamonds have also become the most in-demand jewellery pieces around the world.
The diamond industry is a dynamic scenario with rapid and continuous changes. According to the diamond report released by Rappaport, the month of August again saw serious changes regarding their demand, supply, prices, etc.
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