Episode 167: Tucson, Tariffs Update, Gold Volatility, De Beers
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Show Notes
Victoria Gomelsky and Rob Bates talk about takeaways and trends from the time capsule that was the Tucson gem shows. Victoria comments on the unique timing of the events, which occurred right before the tariffs were struck down by the U.S. Supreme Court and right after the gold price hit a soaring high of over $5,500. Despite this, the mood was positive and the trends were clear. From reddish pink stones and the phrase “K-shaped economy,” Victoria shares the repeating refrains she heard. Rob breaks down the status of the tariffs, post-Supreme Court ruling. The hosts both weigh in on the volitility of the metals market. Finally, Rob shares his thoughts on the ongoing sale of De Beers and the many other factors affecting the diamond market.
Title sponsor: De Beers (adiamondisforever.com)