Diamond Market Scarcity
The climate of scarcity is in part psychological to carefully calculated imaged by the manufacturer. Through their tight management of rough diamond stone flows when necessary even finished on the supplies has instilled a fervent confidence among other manufactures brokers jewelers and retail customers diamonds are scarce and getting scarcer. Because of the solid feeling holders of diamonds at all levels able to feel confident about the current future value of the diamonds.
The prices are finished diamonds are different the relatively closely related story. The average the general trend has been up I didn't even greater rate then rough over 2000% for some of the top grades but again the rise has not been uniform. Larger rarer more perfect stones have risen a much faster rate than stands a plus size and quality just as the best quality art of antiques has risen faster than poor quality items. There've been a few cases of temporary price weakness is often the times of recession or after rapid rapid prices but these slumps more properly called technical adjustments have been short term in nature in any case were only temporary interruptions of the overall and inexorable price climate the last 30 years. Since we are interested in the investment-grade diamonds however let's look at the price-performance records of these find stones.
Attending precise appreciation figures it's difficult to say the least. There's no Dow Jones index and time and market. Pricing information has to be used and based on being able to compare the prices we have similar stones. Unfortunately few process records were kept until about 10 years ago. At that time cutters begin to accurately greater diamond tent certificates and since then we able to obtain better and more accurate records of diamonds and of the better quality stones. Are Useful starting point is the price history of the top-of-the-line the D flawless diamond. 30 years ago well before the widespread use of certificates the very best one carat diamond roughly the equivalent of a default list so that wholesale for about $500. In 1969 that figure was around $2000dollars. Today at D flawless diamond wholesale cost well over $60,000 dollars.
Investment-grade diamonds have risen by almost 30% per year. The table is based on average price increases of welcome 1 carat stones deed aging color follows through VS one and get clarity. In a very recent study their respective HI Hassan field so that if everyone percent increase in inflation since 1967 investment-grade diamonds ever is and 1.5%%. If everyone percent rise in the real gross national product diamonds have gone up 3%. On average wall restaurants have risen 12 to 13% per year over the last 10 years cut and polished investment stones ever is in about 25% per year. Why for that matter to Rustins rise at a faster rate than either inflation or dollar depreciation? The answers are threefold manufacture nationals scarcity in the increasing demand for diamonds and particularly those of our quality. Manufacture has a vested interest in price continuing to rise. The cartel will not a lost because of inflation or currency devaluation.