BMO: Diamond Prices to Rise 6 Percent a Year to 2020
Bloomberg reported that the price of diamonds will rise 6 percent per year until 2020 as output fails to meet increased demand from China and India, according to BMO Capital Markets.
Bloomberg reported that the price of diamonds will rise 6 percent per year until 2020 as output fails to meet increased demand from China and India, according to BMO Capital Markets.
A brief overview of diamond price developments, supply and demand and significant market movers.
Colin Ferguson of Rare Investment believes that prices for brown diamonds will rise dramatically in the next five years.
Reuters reported that weak diamond prices brought Gem Diamonds Ltd.'s (LSE:GEMD) full-year core earnings down to $65.5 million, significantly lower than the previous year.
A brief overview of diamond price developments, supply and demand and significant market movers.
Reuters reported that Russia is pushing ahead with the sale of its 14% stake in diamond miner Alrosa to raise $1B.
A brief overview of diamond price developments, supply and demand and significant market movers.
Here's a look back at what happened in the diamond market in 2012.
The Jewelry Exchange announced today that it has acquired a 25% interest in EZ Diamonds.
SMH reported BHP Billiton (NYSE:BHP) and Rio Tinto (ASX:RIO) are looking to sell their diamond mines and assets.
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