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Diamond trading quiet but sentiment positive
due to improving retail expectations ahead of Mother’s Day, China’s May 1
holiday and India’s Akshaya Tritiya festival. US demand cautious as dealers
wait for JCK Las Vegas show. Consolidations continue as JBT reports 318
jewelers closed in 1Q, 16% fewer than last year. Sotheby’s NY sells $28.9M (85%
by lot) with pair of emerald, 20.29 & 20.02 …

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