iLander
Ideal_Rock
- Joined
- May 23, 2010
- Messages
- 6,731
Rappaport, the guys that tell our guys what to anticipate in terms of diamond pricing, are saying prices are going up.
This line got my attention:
"Israel and Belgium significantly raised levels of polished imports, indicating strong inter-trade dealing, or a possible hoarding of stock in anticipation of future price increases."
Here's the link:
http://www.diamonds.net/cms/Price-Reports.aspx#special
The hoarding line is in the Special report (bottom of the web page), middle of page 1 of the PDF.
Check out some of the charts, Melee is up 57%! All those halos are going up, ladies!
From the January summary: "Average prices of certified polished diamonds rose 1.6 percent in January, continuing the uptrend seen toward the end of 2010. Increases were most apparent in 1-carat sizes, where the average price rose 3.1 percent during the month."
Doesn't sound like much, but 3 percent in one month is a LOT. If this keeps up, your $6,000 diamond will be $8,000+ by the end of the year.
This line got my attention:
"Israel and Belgium significantly raised levels of polished imports, indicating strong inter-trade dealing, or a possible hoarding of stock in anticipation of future price increases."
Here's the link:
http://www.diamonds.net/cms/Price-Reports.aspx#special
The hoarding line is in the Special report (bottom of the web page), middle of page 1 of the PDF.
Check out some of the charts, Melee is up 57%! All those halos are going up, ladies!
From the January summary: "Average prices of certified polished diamonds rose 1.6 percent in January, continuing the uptrend seen toward the end of 2010. Increases were most apparent in 1-carat sizes, where the average price rose 3.1 percent during the month."
Doesn't sound like much, but 3 percent in one month is a LOT. If this keeps up, your $6,000 diamond will be $8,000+ by the end of the year.