Diamonds in Brief
The bigger they are, the harder they fall is certainly a saying that rang true in recent months in the diamond world. While we are optimistic and hoping that the diamond industry will turn around…
Diamond MarketDiamonds in Brief
Not a surprise the economy woes are dragging down diamond prices further after a bleak holiday season. Large diamonds hit the hardest after speculation drove prices up in 2008. Rough imports hit a three-year low…
Diamond MarketDiamonds in Brief
The market was so quiet before the holidays you could hear a pin drop. As one jeweler told me recently, I cant wait until January just because then I will know that 2008 will be…
Diamond MarketDiamonds in Brief
In past issues of the GemGuide Diamonds, we have witnessed big increases in diamond prices, especially in larger diamonds. Now, it appears that the diamond market may have temporarily peaked and experts are predicting that…
Diamond MarketDiamonds in Brief
As the industry moves into the fall season, all are guarded anticipating what the holiday shopping will be like. Often make or break, the whole year can rely on just these few months. The slightly…
Diamond MarketDiamonds in Brief
U.S. retail sales may be headed much lower over the summer months, but if there is some good news, the Financial Forecast Center is predicting a healthy spike in retail sales this fall. Recent news…
Diamond MarketDiamonds in Brief
At the Tucson gem show in February, I spoke of the sad chapters of bankruptcies that now plague the diamond industry. Back then we knew of filings from the previous year that included Fabrikant, Fortunoff…
Diamond MarketDiamonds in Brief
Soft holiday sales will not influence suppliers and diamond prices are expected to continue to rise. Store closings and bankruptcies are rising. Greater return memo hurting the industry. More sightholders…
Diamond MarketDiamonds in Brief
As the final quarter comes to a close, we find the market in disarray. No one knows what to charge anymore and that makes pricing diamonds that much more challenging. Take for example a recent…
Diamond MarketDiamonds in Brief
The stores are complaining. The business is slow. As I write this, we are crawling into the fourth and final quarter of the year. Lets hope its a good one. In the last issue of…
Diamond Market