De Beers Cuts Diamond Prices For The First Time in Over a Year

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Why This Matters

De Beers has reduced diamond prices for the first time in over a year, indicating a decline in demand and a shift in market strategy.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

De Beers cut its official diamond prices for the first time in more than a year, according to people familiar with the matter, ending its attempts to support the market in the face of slumping demand.

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Full article on Bloomberg
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Original article published by Bloomberg on January 19, 2026.
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