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Relative strength in the Canadian dollar means cheaper prices for Canadian diamonds.

Relative strength in the Canadian dollar means cheaper prices for Canadian diamonds.

Recent economical and geopolitical conditions set a relative strength to our Canadian dollar against the US.

While Canadian diamonds are obviously mined in Canada, the rough Canadian diamonds are valued in US funds. In reality even when you buy a Canadian diamond in Canada, while using Canadian dollars, the price is set based on a US dollar price list.

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