Archive for June, 2011

Diamond Uncertainty

Thursday, June 30th, 2011

The diamond industry around the world is far different today then it was a year ago.  Diamond prices have been going through the roof because of increased demand as of late from both China and India.  This uncertainty is sure to continue as we are seeing strong sales continue in India and China.  Those who are adopting a wait and see approach are being caught in a position where they are paying higher and higher prices.  Those who are committing are reaping the benefits of keener pricing.

Some experts contend that prices increases are well over-do. Others contend that there is much speculation right now in the market. Only time will tell.

-GJ