Signet Halts Trade in Russian Diamonds

RAPAPORT... Signet Jewelers has told suppliers it will no longer buy metals and diamonds of Russian origin.

Purchasing precious stones, silver, gold, and platinum from sanctioned companies or people is “likely to contribute to the ongoing human-rights abuses and conflict in Ukraine,” the US retailer said last Wednesday in a letter to vendors, seen by Rapaport News.

The request to st...