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Advertisement Diamond rings soon to rise up to 30 p.c. in price

New Zealand’s devaluation of 20 per cent, the increase in the United States dollar plus the price increases of diamonds overseas have combined to push the cost of diamond rings up by as much as 30 per cent, according to Mr R. Turner, Manager, Kennedy’s Diamond Rings. “The price of gold also rose because of devaluation. Kennedy’s, however, are bound by the price freeze on existing diamonds that are in stock at the moment. A person contemplating the purchase of a diamond ring should call into Kennedy’s as soon as possible where pre-devaluation prices will mean up to a 30 per cent saving on the future price,” said Mr Turner.

Kennedy’s, the diamond ring manufacturers with the largest range of rings in the South Island, are situated upstairs at the National Mutual Arcade, City Mall, opposite Hallensteins.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19840829.2.35.2

Bibliographic details

Press, 29 August 1984, Page 3

Word Count
149

Page 3 Advertisements Column 2 Press, 29 August 1984, Page 3

Page 3 Advertisements Column 2 Press, 29 August 1984, Page 3