I've noticed some recent conversations regarding the causes of the recent (steep) rise in diamond prices, as the PS graph here shows: https://www.pricescope.com/diamond-prices/diamond-prices-chart/. Population growth and consumer demand in Asia, especially, seem to be driving some of these increases.
What caused the drop in prices in early '09 - delayed reaction to the US bank and lending crisis? What would cause prices to come down to more accessible levels again or are those days over? Have we hit a new "base" in diamond prices - will they continue to rise from here?
Crystal ball, anyone?
What caused the drop in prices in early '09 - delayed reaction to the US bank and lending crisis? What would cause prices to come down to more accessible levels again or are those days over? Have we hit a new "base" in diamond prices - will they continue to rise from here?
Crystal ball, anyone?