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Why record high gold prices would be bad news for diamond
September 10, 2019 | By Livemint.com
business
History shows that elevated gold prices result in higher levels of diamond recycling.Diamond unlikely to benefit significantly from an investor flight from fiat currencies: Analyst
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Citigroup Inc.s prediction that gold could rally above $2,000 an ounce in two years would be negative for another precious and shiny commodity: diamonds, according to Barry Ehrlich, an analyst at the bank. Citis bullish scenario for gold is based on drivers
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