The diamond is a generally acknowledged eternal symbol, many people use to preserve value, but financial tsunami makes the price of diamond unable to glitter permanently, it has already no longer been investors " Top " Good friend. The price of diamond faced to drop for the first time over the past five years, the price of the ordinary goods diamond expects that will drop by three to 40% this year, the amount of decrease of the top-grade diamond will be greater.
Diamond
Control main diamonds trade such as De Beers Company and Russia Alrosa group of 40% of the markets in the world,etc., with India, with color competent country, Du visit and cut teacher of China, polish teacher, trader, in the whole world " The capital of the diamond " Gather in Antwerp, how because of the question falling in price in conformity with the diamond to discuss. Centre President Ana of world diamond in Antwerp reaches pointing out, the predicament with present industry is had never known, " one has no market, there is no circulating fund, has no demand three times two times, the more miserable one has no confidence " .
According to data of the diamond price index PolishedPrices.com, since August, cut the price of diamond and dropped by 10.8%. Have not cut the price of rough diamond to drop from 2500 dollars on average per carat to 1400 dollars, the amount of decrease is up to 44%, will more very estimate the amount of decrease of next year.
Americans are always the biggest buyer of diamond, the purchase volume accounts for 45% in the world, but U.S.A. falls into recession, it is probably difficult to count on to usually account for Christmas Day busy season of 40% of sales volume of the whole year. Expect the North American demand for diamond will be reduced by 15% next year, Europe reduces by 10%, Japan will drop by 5% too.
Influenced by financial tsunami, the consumer market shrinks, sell ostentatious rich and powerful people and no longer spend money extravagantly and buy the luxury goods, the status has conduct and has no city too like Picasso's top diamond.
Diamond human skeleton
De Beers shows, though Americans' purchase volume is reduced, angry and vigorous that China, India and Middle East still buy, De Beers business of last year only reduced by 3% to 6,800 million dollars. But diamond, Gem Diamonds of Britain, exploit company say diamond sale income apparent to drop will it be four seasons this year, still have 23,800,000 make a profit the first half of the year, expect, will lose making a profit the light the second half year. Gem Diamonds has already suspended and exploited the homework in the part of Congo, has stopped Indonesian diamond ore production, after news spreads, the stock price of this company drops sharply by 38%. Alrosa of Russia has already been dropped by 40% in production too, has not cut the situation of the supply surplus of original stone in order to relax.
India of the global diamond tap of cutting industry, will suspend the original stone to import next month, though only plan to delay importing for one month at present, 800,000 people face the danger unemployed at any time.
Polished-Prices.com shows, the diamond industry will be probably sadder in the first season of next year. But it is all people that watch light prospect, top-grade founder of jeweler's shop Graff Diamonds pressgang Ge think, the top diamond is divided rarely, no matter use by oneself or investment must be popular, whether the price or has fluctuations shortly, but in the long run the tail market still has a good prospect.
Diamond
Control main diamonds trade such as De Beers Company and Russia Alrosa group of 40% of the markets in the world,etc., with India, with color competent country, Du visit and cut teacher of China, polish teacher, trader, in the whole world " The capital of the diamond " Gather in Antwerp, how because of the question falling in price in conformity with the diamond to discuss. Centre President Ana of world diamond in Antwerp reaches pointing out, the predicament with present industry is had never known, " one has no market, there is no circulating fund, has no demand three times two times, the more miserable one has no confidence " .
According to data of the diamond price index PolishedPrices.com, since August, cut the price of diamond and dropped by 10.8%. Have not cut the price of rough diamond to drop from 2500 dollars on average per carat to 1400 dollars, the amount of decrease is up to 44%, will more very estimate the amount of decrease of next year.
Americans are always the biggest buyer of diamond, the purchase volume accounts for 45% in the world, but U.S.A. falls into recession, it is probably difficult to count on to usually account for Christmas Day busy season of 40% of sales volume of the whole year. Expect the North American demand for diamond will be reduced by 15% next year, Europe reduces by 10%, Japan will drop by 5% too.
Influenced by financial tsunami, the consumer market shrinks, sell ostentatious rich and powerful people and no longer spend money extravagantly and buy the luxury goods, the status has conduct and has no city too like Picasso's top diamond.
Diamond human skeleton
De Beers shows, though Americans' purchase volume is reduced, angry and vigorous that China, India and Middle East still buy, De Beers business of last year only reduced by 3% to 6,800 million dollars. But diamond, Gem Diamonds of Britain, exploit company say diamond sale income apparent to drop will it be four seasons this year, still have 23,800,000 make a profit the first half of the year, expect, will lose making a profit the light the second half year. Gem Diamonds has already suspended and exploited the homework in the part of Congo, has stopped Indonesian diamond ore production, after news spreads, the stock price of this company drops sharply by 38%. Alrosa of Russia has already been dropped by 40% in production too, has not cut the situation of the supply surplus of original stone in order to relax.
India of the global diamond tap of cutting industry, will suspend the original stone to import next month, though only plan to delay importing for one month at present, 800,000 people face the danger unemployed at any time.
Polished-Prices.com shows, the diamond industry will be probably sadder in the first season of next year. But it is all people that watch light prospect, top-grade founder of jeweler's shop Graff Diamonds pressgang Ge think, the top diamond is divided rarely, no matter use by oneself or investment must be popular, whether the price or has fluctuations shortly, but in the long run the tail market still has a good prospect.
Great post. I was looking up diamond price appreciation when I came across your post. I love diamonds and I am just trying to understand their value and how they price them. That diamond human skull would look great in my house! Thanks so much for sharing.
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