There is a new trend in the diamond investment market... individuals capitalizing on the profits available from colored stones.
Tiffany& Co. (NYSE:TIF) announced that two month sales, ending Dec 31, 2010, went up 11%.
Ahead of the JCK Jewelry Show in Las Vegas, new US sales and demand numbers look promising. Imports of both rough and polished stones rose, as well as increased sales numbers from Tiffany & Co. Also, a wrap up of news from diamond mining companies, including the deal between Petra Diamonds and De Beers.
Wednesday, July 27, 2011