Diamond Price increase on the near horizon

[Garry H (Cut Nut)]

Well with the increase in demand for LGD and decline in Mined diamonds, looks like the current administration just handed these LGD guys in the USA a home run.

Not sure how much of their production is gems vs HiTech stuff - Or if they are competitive. Heard a friend bought a 5ct Radiant for $50 per carat the other day!

 

[Texas Leaguer]

Well with the increase in demand for LGD and decline in Mined diamonds, looks like the current administration just handed these LGD guys in the USA a home run.

Doubt it. Chances are that even high tariffs will not be enough to offset the cost advantage of the Chinese and Indian factory production.