Snapshot : January 2020

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The latest developments in the diamond market

By Harold Dupuy, FGA

As the country headed into the holiday season, the jewelry industry received some good news. Following six months of disappointing jewelry store sales results, July, August, and September saw growing sales increases over the prior year, and the Department of Commerce was estimating that the trend continued through October. Although the holiday season sales results have not yet been calculated as of presstime, I am optimistic that this recent upswing will continue.