Market Uncertainty: Ducks and Diamonds
As I write this report I can’t help but envision the duck swimming metaphor, everything is calm on the surface but below the surface the feet are paddling like crazy to keep going. There is…
Diamond MarketPolished Diamond Prices Stumble into the Holiday Season
Like a boxer in the middle rounds diamond prices have taken a hit to the chin and are stumbling into the holiday season. Canada’s mine owners of Diavik mine commit to expansion and more exploration…
Diamond MarketDiamond Market – November 2014
World Diamantaires face financing crunch and Global Diamond jewelry sales reach Record Level. EGL reports banned from trading platforms. Rio Tinto celebrates 30 years of pink diamond tenders with release of unprecedented four red diamonds. It should come as…
Diamond MarketDiamond Market – September 2014
Is it the calm before the storm? Not really as prices predicted to roll along in future months. Polished prices remain firm while margins continue to be squeezed. DeBeers announces a change in structure for…
Diamond MarketDiamond Market – July/August 2014
A slow summer and moderate demand for diamonds. Some fancies selling well but pear and princess sales are flat. GIA grading reports still greatest demand but report times are weeks to months out due to backlog. IDMA warns…
Diamond MarketDiamond Market
The general observation regarding the diamond market is that prices continue to edge up and are firm, while the trade and consumers remain cautious. There is a growing disconnect between the wholesale market and key…
Diamond MarketDiamond Market
It was a good year for diamonds with stronger than expected demand and higher prices overall. However, business remains mixed for the independent jeweler with ups and downs throughout the year. Tight money from banks…
Diamond MarketDiamond Market
Synthetic and treated diamond melee continues to plague the industry. Auctions continue to amaze with record prices on diamonds. Mixed US markets heading into the holidays. Belgium exports rise but US is third in world…
Diamond MarketDiamond Market
Diamond prices may have peaked. As banks go stingy on lending, diamond prices forced to fall. DeBeers moves to Botswana. China and India slow in growth with a stronger US dollar. Big sales at auction…
Diamond MarketDiamond Market – September 2013
What was old is new again…sort of. America is back in the driver’s seat for polished diamonds. Difficulties arise in the Indian diamond market with the drop in value of the rupee. High clarity diamond…
Diamond Market