More Diamonds sold for less
Sunday Standard More Diamonds sold for less De Beers sold substantially more rough diamonds in the first nine months of 2026, but revenue fell by $361 million as declining prices offset higher sales volumes, highlighting continued weakness in the diamond market. Anglo American’s latest production report shows sales volumes rose 37 percent to 24.55 million carats from 17.99 million a year earlier. […] The post More Diamonds sold for less first appeared on Sunday Standard and is written by Sunday Standard Reporter
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Sunday Standard
More Diamonds sold for less
De Beers sold substantially more rough diamonds in the first nine months of 2026, but revenue fell by $361 million as declining prices offset higher sales volumes, highlighting continued weakness in the diamond market.
Anglo American’s latest production report shows sales volumes rose 37 percent to 24.55 million carats from 17.99 million a year earlier. However, rough diamond revenue declined 15 percent to $2.04 billion from $2.41 billion.
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The post More Diamonds sold for less first appeared on Sunday Standard and is written by Sunday Standard Reporter
