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.
Articles Tagged "investing in diamonds"
Introduction to Diamond Investing
Buying diamonds for jewellery is a common practice, but investing in them and trying to turn a profit is not for your average folk. Diamond investing is a little bit tricky, especially for those who have started investing in precious metals, and then take the leap to diamonds, assuming that they behave in the same fashion. Once someone decides to take the leap, they are in for one heck of a ride.
Carats Stable, Profits Up
Diamonds represent the crème de la crème in luxury, with most gem quality diamonds finding their place in the jewelery boxes of wealthy Americans and Europeans. The slowdown in the US has left diamond exporters around the world holding their breath, hoping that demand for the luxury good would weather the economic storm.
