Diamonds: A New Investment Story
Diamonds are a must-have in investment portfolios. With prices set to rise in 2010, treasure the rocks.
Articles Tagged "harry winston"
Diamond industry warns of drastic change
Traders, cutters, and retailers are all warning that the diamond business’ struggles will cause a restructuring of the entire industry.
Global meltdown hits diamond market
Diamond trading activity has witnessed a recent drop-off as buyers face extreme uncertainty about the viability of current price levels. Traders expect the prices of gems to deteriorate in the coming months, but no one has any idea as to how much of a change to expect.
Diamonds – The next safe haven for investors?
Diamonds could very well represent the next safe haven for investors, much like gold and silver, as investors flee the financial markets for more secure investments.
Canada claims a bigger piece of the diamond pie
Canada’s diamond production is on the rise. According to a report issued by the Mining Association of Canada, production rose 28 percent to 17 million carats in 2007.
Diamond market strong for some, weak for others
The summer market lull has made its mark on July diamond sales in Asia. Japanese polish diamond imports took a marginal 0.9 percent rise to hit $73.96 million. Hong Kong reported July retail sales were flat, with jewelry among the worst performers. July diamond imports from India fell 14.7 percent to $25.56 million. Imports from Belgium rose 8.8 percent to $22.9 million.
More Polar Bear Certified Diamonds
Last week ended on a very exciting note for diamond giant De Beers. The official launch of the Snap Lake Mine, Northeast of Yellowknife, and the Victor Mine, in Northeastern Ontario, took place over the weekend.
