De Beers Makes Deep Diamond Price Cuts for Shrinking Buyers Club

De Beers has made some of the deepest ever cuts to its official diamond prices, potentially signaling an end to its years-long campaign to hold them well above the market...

By Thomas Biesheuvel · Bloomberg

De Beers has made some of the deepest ever cuts to its official diamond prices, potentially signaling an end to its years-long campaign to hold them well above the market rate.