The global diamond industry has been particularly hard hit by the coronavirus pandemic, which has wreaked havoc on the health, social fabric and economies of the world, laments World Federation of Diamond Bourses (WFDB) acting president Yoram Dvash. With its main markets spread from Asia to North America, he says the diamond industry’s shutdown followed the path of the virus – first China, then Hong Kong, Singapore and other markets were in lockdown, with Europe, the Middle East and the US soon following suit.
