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Maroc Maroc - MININGMX.COM - A La Une - 19/Mar 08:43

Diamond industry faces its deepest crisis

THE global diamond industry is in its deepest crisis in modern history, battered by collapsing Chinese demand, the rapid rise of lab-grown stones, US tariffs and record gold prices that are diverting luxury spending away from gems, said Bloomberg News. Natural diamond prices have fallen more than 40% from their pandemic peak, with polished stones […]

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