Diamond Industry -Trends

Diamond Industry seems to be facing the heat . The slowdown in the US has affected the Surat polishing industry. Retail data also reflects this. Strangely it is when the dollar drops that jewellery prices tend to go up for both gold and diamonds.

http://www.rediff.com/money/2008/nov/06bcrisis2.htm

http://www.rediff.com/money/2008/feb/12diamond.html

www.hindu.com/2008/11/09/stories/2008110960081500.html

http://www.livemint.com/2008/11/05163851/Surat-diamond-industry-under-t.html