Seasonal Diamond sales

National Jeweler Magazine report. Rahul Kadakia, head of jewelry at Christie's New York, said in a recent release that "The diamond market continues to show remarkable strength despite the volatility of the financial world. Just two weeks after a very strong sale of jewels at Christie's Hong Kong--where a 5-carat pink diamond went for $10.8 million--the exceptional Evening Star Golconda diamond of 39 carats sold at Christie's New York for $5.4 million. It was a fitting grand finale to a year that saw over $100 million in jewels change hands under our gavels in the U.S."