Price Bubble In The Offing?
Though there are clear signs of a financial recovery around the world, at what price would there be a recovery for roughs? Is the `new-normal' daunting for the diamond industry?
Articles Tagged "polished"
India has beaten Belgium in polished diamond exports
It is not in just gold imports and scrap gold exports that India is showing its bullion mettle. India has beat global diamond leader Belgium in the export of polished diamonds. For full story, click here
India finished second in polished diamonds export list
In an economic recession-hit industry, India has emerged as the second largest exporter of polished diamonds in February, losing out to Israel but beating Belgium. For full story, click here
Israel becomes leading world supplier of polished diamonds
As per IsraelNN.com, Israel was the world’s leading supplier of polished diamonds in February. For full story, click here
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.
Around the globe, diamond imports and exports collapse
With the holiday season behind us, now is the time diamond miners and retailers should have full pockets and empty shelves. However, with the holiday season of ’08 coming on the back of economic catastrophe, countries across the globe are reporting stark numbers for diamond exports and imports.
Around the globe, diamond exports drop
As economic turmoil spread around the globe in ‘08, the diamond industry lost some of its brilliance. The industry was doing well until about September, then diamond prices and sales went on a steep descent. Diamond prices are down about one-third since their high last August
The true value of Canadian diamonds
Global Diamond industry is undergoing a strong transition towards growing demand for "conflict-free" or "violence-free" or ethical diamonds- guaranteed to originate from ethical and environmentally responsible sources. This transition is in response to the growing awareness among people and consumers worldwide about the so called "Blood diamonds"
US recession- boulder into a pond
Here at diamond investing news, we have been following how the financial crisis has been impacting the industry. For a brief summary over the past few months, it was not until the end of September that dropping revenues became an issue to diamond industry participants.
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.
