Morning Bites (part 4)

💎US jewellery sales jumped 6% YoY in December, the sharpest increase since Jul-22, accelerating from +3% YoY in November, IDEX reports, citing the US Department of Commerce. In our view, the recovery in the main gem-set jewellery retail market (the US accounts for ~53% of global demand), might become the main trigger for an improvement of sentiment in the diamond market, which would in turn accelerate the release of stock

#diamonds 
https://metals-wire.com/sector/Diamonds