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 [...]
Articles Tagged "jewelery"
Palladium Investing News reports palladium price has been hit hard with the poor economy. With bleak economic prospects on the horizon, over the next six months, prices of precious metal palladium will likely be near 12-year lows of $125 an ounce. The world’s top platinum refiner Johnson Matthey estimated in an interim review that the [...]
Diamond Investing News reports diamond industry looking overseas for market support. The diamond industry is heading to Hong Kong with high hopes that strong Far East demand will sustain high price levels. The industry is concerned that economic hardships in the US will dampen holiday jewellery demand, as Christmas is when jewellers realise the majority of their annual [...]