Diamond Investing News reports diamond market is seeing some movement recently.
“We saw a slight return to demand-driven buying,” said one industry observer who attended the London event. “There’s a lack of rough in the market at the moment and everyone is looking at the goods much more seriously than previous months.” Participants were quick to [...]
Diamond Investing News reports diamond was hit hard after the financial crisis in 2008.
This rapid change hit the diamond market hard. In the retail sector, prices dropped drastically, as demand came to a stand still. Companies were forced to sell their products at a loss and many household names went bust. The House of Taylor lost [...]
Diamond Investing News reports holiday season sales for jewellery have declined, disappointing many jewellery companies.
A study completed this fall by the Harrison Group and American Express Publishing found that of all the luxury categories, jewellery could take the biggest hit in the downturn. Planned spending by affluent consumers on jewellery was down 15 per cent [...]
Diamond Investing News reports diamond markets have been feeling the US recession worldwide.
The industry was being buoyed by the purchases of the wealthy, an economic class that had yet to feel the “money pinch”. Unfortunately, under the surface a crisis was brewing- the smaller, mass produced diamonds that catered to the masses were sitting on [...]
Diamond Investing News reports with the current global market crisis, diamond trading have been hit.
Traders expect the prices of gems to deteriorate in the coming months, but no one has any idea as to how much of a change to expect. In order to balance the supply demand equation, the Gem and Jewellery Export Commission of [...]
Wednesday, April 8, 2009
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