Diamond News By Fascinating Diamonds

Latest reports show that rough diamond market is rapidly stimulating polished prices firms. There has been strong buying from Indian, Chinese and other Far East buyers, it indicates bullish trading in coming week also there has been rise in demand from European and U.S jewelry manufactures. Currently prices are at stable level however speculative bubble may occur. United States shows positive signs of trading as dealers continue to be in harmony with raising prices. There is a steady demand from whole sellers and big retailers as they are pilling up their inventories however small to mid size retailers are infusing caution into the market. Round shape diamonds are being stocked by the wholesalers to cater engagement ring market which sums up to largest consumer activity during the season. The round diamonds are between .50 to 1.50 carat, and I+, SI+ standard, perfect for engagement diamond rings, satiating all the price ranges. Demand and supply governs the prices of any goods and diamonds are no exceptions.

There has been steady rise in demand for diamonds in countries like Russia, China and India, in fact demand for bigger diamond is on the rise, as older mines are rapidly exhausting their reserves, and it is leading to abrupt price rise. Canadian mine Kimberlites has been pumping fresh supply of diamonds however it could also not been able to match the huge demand across the globe. The price rise is not seen as bad influence on consumer behavior, in fact huge demands indicate that consumers are now quite educated and appreciate the value and quality of good diamonds. Now buying diamonds are no longer considered to be things of women’s desire, it is being viewed as good investment option. consumers are well aware about what type of diamond they are buying, where it is coming from Asia, US, UK, Africa, ME, or EU whether Kimberly process is abided or not, what is the cut, shape and carat etc. traditionally other luxury items or Jewelries have limited shelf life but diamond lasts forever, it has been observed that its value appreciates at nearly same rate as value of money.

Increasing prices of diamond have aired the speculation that diamond could become an exchange traded item. Diamond trade is now its acme. As demand-supply ratio is heating up that is making diamonds favorite for investment. Round diamonds are one of the favorite cut for not only investors but also ceremonial consumers. People now want to reappraise their round stones which they have purchased years back to get good insurance value to keep up with volatile prices. Although round is the favorite cut for investors but other cut like Oval, princess cut and emerald are catching the attention fast. Even rough diamond market is picking up and larger diamonds are beating all odds, its demand increased remarkably.

Due to increase in wealth, awareness and western influence countries like china has huge demand for bigger and better diamonds, similar trend has been seen in Asian, European and many other countries.