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Do diamond prices vary with the season? Comments?

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NervousJohn

Rough_Rock
Joined
Nov 30, 2001
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5
Are diamonds more/less expensive at certain times of the year? It would seem now (right before the holidays) and mid-late January (Valentine's Day)would be the worst times to buy, if the prices do vary.

Any thoughts?:read:
 

Gonnadoit

Rough_Rock
Joined
Oct 24, 2001
Messages
11
Although I should only be considered a beginner in this market, I've found the market to be tightening in the past few months. Specifically in the high end of diamond buying. I heard a rumor, could be way off on this, but the international wholesalers aren't buying as much do to the cost of inventorying large stocks that can't be sold in a contracting market since Sept. Diamonds are, in fact, a luxury item.

As for the seasonality, I would think that it's always a matter of demand and supply. If there is more demand, prices will go up, unless there is a corresponding expansion in supply. If the above rumor is true, you may be facing higher prices, however, I doubt that this will generally apply to the whole market. If you have something specific in mind, I would suggest that you start your research a bit earlier than you had intended; and to be patient.

Good luck!:wavey:
 
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