According to the latest US Census Bureau, which leads the Rapaport, sales of US jewelry stores rose by 3% in March and reached a $ 2.12 billion increase in sales of specialty stores was lower than in the jewelry industry as a whole:. For the same month of sales of jewelery products and watches in all trade channels increased by 4.2%, to $ 4.65 billion.
for the first quarter 2016 sales of specialized jewelry stores gained 1.4% to $ 6.53 billion. overall sales of jewelry and watches in the first quarter increased were up 4.9% to $ 15.47 billion, preliminary calculations show Rapaport News.
In April, the cumulative sales of the retail sector and the catering facilities in the United States rose by 3% year on year and amounted to $ 453.4 billion, the Census Bureau reported. This figure is adjusted for seasonal variations and differences in the number of weekends and holidays, but not adjusted for price changes.
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De Beers raised prices for its diamonds by about 2% for the first time since 2014. This step of the company may be indicative of the restoration of the diamond industry after the fall, which in the opinion of many market participants was the strongest since the 2008 financial crisis.
As reported by Bloomberg unnamed sources, the prices were increased on the company's website this week. This site in volume was similar to the previous one, in which diamonds for $ 610 million was realized.
Previously, for some time the diamond market was on the pressure due to lower demand in China and due to reduced lending industry.
Many diamond producers, including De Beers, have lowered the prices of its products by about 15%.
The last time De Beers raised diamond prices on their sites in the second half of 2014, the source said.
In January, the mining company sold diamonds for $ 540 million, and in February -. For $ 610 million It adds Bloomberg, Russia's Alrosa raised $ 780 million from diamond sales in the first two trading since the beginning of this year.
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