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Diamonds in Crisis Drive Down World Prices in 4 Years
The text notes four years with no new diamond mining in South Africa and widespread job losses as English markets slow and American prices plummet. It cites a 3 carat emerald cut diamond dropping from about 5000 to 2000 dollars and a 150 dollar stone accessible for under 75 dollars, signaling a fragile, shifting world trade.
MENTIONED IN THIS ARTICLE
South Africa
Iamonds
England
Orient
America
NRA