Diamond investors
For investors looking for exposure to the diamond market, 2013 has not lived up to expectations. In fact, while U.S. stocks have rallied this year, pure-play diamond companies have struggled along.
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For investors looking for exposure to the diamond market, 2013 has not lived up to expectations. In fact, while U.S. stocks have rallied this year, pure-play diamond companies have struggled along.
In recent months, we have discussed in this column the retail scenarios, including expectations for future sales. Our outlook has been generally cautious, offering data that indicates rising jewelry sales, while pointing out that diamond jewelry sales are losing market share, for example.
Congratulations are due to the UN following the announcement by the M23 rebel force in the Democratic Republic of Congo that it is disarming, thus ending a long-lasting insurgency in the country.
A few years ago, during a trade show, I bumped into a diamond trader I know who presented me with his new business card. On one side of it, the card had the expected contact details of his new diamond venture, but the other side held a surprise – the name and address of a […]
There is rising concern that synthetic lab-grown diamonds are filtering into the market mixed into parcels of natural diamonds.
After months of pointing out what is wrong and needs changing in the diamond industry, discussing problems and spreading gloom, it is time to take a positive approach and make constructive suggestions, a roadmap to a healthier sector, if you will.
The solid prices achieved at Christie’s auction on Wednesday are proof that investment in high-end diamonds is going strong – exceptional diamonds become available at a slow pace, sellers find buyers and buyers are paying top dollar for these rare and beautiful diamonds.
The U.S. government shutdown that began on October 1 could not have come at a worse time for retailers. While the impasse continues, the all-important Thanksgiving weekend is fast approaching – a time when retailers could do with every sense of stability at their disposal.
The sweet smell of coffee’s success is a learning opportunity for diamonds. In Israel, a cup of cappuccino costs 10-15 shekels ($2.80-$4.20) depending on the café and its location.
Is ALROSA worth $9 billion? After years of preparation, on Wednesday morning, October 2nd, ALROSA announced a free float of up to 16% of its shares.
The current low polished diamond prices, a result of low demand among other reasons, is cause for concern for many in the market.
In less than two weeks, De Beers will hold its very last Sight in London. Starting in November, the Sightholders who received their Sight in London will be traveling to Gaborone in Botswana instead.