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Market NewsNewsPink diamond sets world record

Pink diamond sets world record

A fancy pink diamond weighing 5.03 carats sold this week for more than $2.9 million, setting a new auction world record of $583,551 per carat for a diamond of its kind, mining.com reported.

The rock was auctioned at a sale organized by Bonhams London Fine Jeweller, which beat Sotheby’s Geneva previous record of $528,021 per carat for a fancy pink, said the mining.com report.

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