Increasing diamond prices

[hey joey]

Begining this year,diamond prices have increased over 10% due to shortage in rough all over the world,still there is speculations it will continue to increase another 15% by end of fall.Do you think the average consumers still be interested in buying ideal cut diamonds and paying 10%-15% above rap prices or will they just buy what they can afford.

 

[Dancing Fire]

Date: 4/22/2005 1:14:43 AM
Author:hey joey
Begining this year,diamond prices have increased over 10% due to shortage in rough all over the world,still there is speculations it will continue to increase another 15% by end of fall.Do you think the average consumers still be interested in buying ideal cut diamonds and paying 10%-15% above rap prices or will they just buy what they can afford.

i talk to Brian from WF yesterday,he said 2+ cts will go up another 20% in the next few months

i think the next big move will be in the 1.00-1.99 ct range.

 

[pricescope]

Date: 4/22/2005 1:14:43 AM
Author:hey joey
Begining this year,diamond prices have increased over 10% ....

What we see so far is that the price increase greatly depend on the size and quality of the diamonds. Prices grew about 10% for 1ct and 30% for 3ct in the last 12 month.

 

[strmrdr]

Wonder who is hoarding rough this time.
hmmmmm
Begins with a D.....

 

[diagem]

There is plenty of rough diamonds, they are just in very strong hands, and in limited hands.

Reminding you, a lot more digging is going on these years, and its much easier than fifty or one hundred years ago....

Yes, if the world economy stays strong, diamonds will go up in price!!!! And fast!!

If, the economy turns around and starts to loose momentum, Prices could go soft...