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Fading light in diamonds

There will be a few worried faces in the jewellery trade next week when De Beers, the world’s diamond leader, conducts its next sale of gems to a market secretly hoping the parcels will be small because diamond demand and prices have been plummeting all year.

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Because the De Beers process is a mysterious affair, conducted far from the prying eyes of the public, the results of the sale, officially known as Sight 6 (or Cycle 6), will not be known until early