De Beers Pulls “Last Resort” Price Cut As Diamond Price-Floor Crumbles 

From ZeroHedge

A new report says the collapse in rough diamond prices has prompted the world’s largest producer to implement broad price cuts.  Bloomberg reports that De Beers’ final sale of rough diamond stones on the secondary market was led by a 10% to 15% price cut amid a […]

Dec 2nd 2024 8:30pm EST

Source Link: https://www.zerohedge.com/commodities/de-beers-pulls-last-resort-price-cut-diamond-price-floor-crumbles

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