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Diamonds Fall to Last Place in Morgan Stanley’s “Commodity Preference” List

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Smaller diamonds more susceptible to demand disruption, bank says.

Forbes writes that diamonds fell to last place in Morgan Stanley’s recently released “commodity preference” list, which author Tim Treadgold cites in a larger analysis of the challenges that the diamond industry is currently facing. The bank’s report, the article says, noted that smaller diamonds (less than 0.2 carats) “will be most susceptible to demand disruption.” But, Treadgold writes, “it’s the overall combination of factors that range from the rise of synthetic diamonds, to global economic uncertainty which is hurting all segments of the luxury goods market, to the more simple problem of excess production which has driven diamonds down the investment pecking order.”

Read more at Forbes

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