With all of this favorable press regarding gold and its intrinsic value, many investors have missed the news that prices for investment diamonds have actually performed slightly better than gold during the first half of this year.
The crisis in the diamond industry has hit bottom, and the industry can now look forward to growth, according to DeBeers managing director Gareth Penny. Mr. Penny relayed this message to a room full of diamond merchants, manufacturers, and leaders at the Diamond Town Hall Meeting on June 3rd.
Get our independent commentary on diamond trends and companies delivered to your inbox.
