Polished Diamonds Play Catchup

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By Maria Kolesnikova

May 5, 2011 at 9:00 PM UTC

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This article is part of the May 9, 2011 issue of businessweek.

Polished diamonds are "grossly undervalued" relative to uncut gems, and prices will rise in response to booming demand in India and China, according to WWW International Diamond Consultants.