Diamond – The Economic Times reported that the RapNet Diamond Index for 1-carat certified polished diamonds declined by 2.1 percent in July, as per Rapaport's report for the month.
Articles Tagged "diamond prices"
Diamond – CNBC reported that lack of transparency in the diamond market has caused some confusion regarding prices. While ConvergEx Group states that diamond prices are down 8.5 to 9.6 percent since mid-2012, Mahyar Makhzani, managing director of the Sciens Colored Diamond Fund, asserts that his fund is up 26 percent this year.
Diamond – CNBC published a slideshow of the world's 10 richest diamond owners, noting that prices for rough diamonds have risen almost a third since 2005 and will likely go up another 20 percent by 2017.
Diamond – Australian Diamond Company published an infographic that lists the 10 most expensive diamonds in the world and explains where they are from.
Diamond – CNBC reported that investors — including JPMorgan Chase & Co. (NYSE:JPM) — are increasing their exposure to the diamond market, which, unlike other sectors, has been "relatively unscathed" by gold's steep mid-April drop.
Diamond – Bloomberg reported that the price of diamonds will rise 6 percent per year until 2020 as output fails to meet increased demand from China and India, according to BMO Capital Markets.
Diamond – Colin Ferguson of Rare Investment believes that prices for brown diamonds will rise dramatically in the next five years.
Diamond – Reuters reported that weak diamond prices brought Gem Diamonds Ltd.'s (LSE:GEMD) full-year core earnings down to $65.5 million, significantly lower than the previous year.