However, manufacturers were under pressure to sell at deep discounts. The RapNet Diamond Index (RAPI™) for 1-carat diamonds — reflecting round, D to H, IF to VS2 diamonds — fell 1.5% in October.

1-carat RAPI down 1.5%. LAS VEGAS, November 05, 2024--(BUSINESS WIRE)--Diamond prices declined in October but stabilized in the month’s second half. US buyers purchased for the holiday season ...