Diamond prices going up that much?

[Harriet]

Date: 4/27/2007 7:31:10 PM
Author: Kim N

Date: 4/27/2007 8:03:10 AM
Author: Harriet
I could have swron this one was $88k+ in Jan:
http://www.whiteflash.com/hearts_arrows/A-Cut-Above-H-A-cut-diamond-72794.htm

Harriet, I also could have sworn that when you posted http://www.whiteflash.com/hearts_arrows/A-Cut-Above-H-A-cut-diamond-72997.htm was lower than it is today. Did it go up in the last week?

Did it go up by $100k?

 

[Kim N]

Date: 4/27/2007 8:18:13 PM
Author: Harriet

Date: 4/27/2007 7:31:10 PM
Author: Kim N

Date: 4/27/2007 8:03:10 AM
Author: Harriet
I could have swron this one was $88k+ in Jan:
http://www.whiteflash.com/hearts_arrows/A-Cut-Above-H-A-cut-diamond-72794.htm

Harriet, I also could have sworn that when you posted http://www.whiteflash.com/hearts_arrows/A-Cut-Above-H-A-cut-diamond-72997.htm was lower than it is today. Did it go up in the last week?

Did it go up by $100k?

I *thought* it might have, but then I couldn''t believe a stone would go up that much in a week, so I thought my eyes were just seeing things. Well, guess I''m priced out of that one!

 

[Harriet]

Amazing, not that I would plunk down the price of a house for a stone.

 

[bujiatang]

The biggest diamond I ever saw was a hair over 18 ct. eye clean, white.

She had a stake in a casino.

 

[Fancy605]

Wow. This thread has been very interesting to me. It prompted me to research what my stone would have cost at this moment in time. Now, my center stone certainly wouldn''t be considered large by comparison to most here. But, I just looked at the website for the jewler we used, and sure enough, the stones they have that are comparable to ours are about $2000-3000 more now. I know that isn''t nearly as crazy as these 4+ carat stones, but that''s a pretty big increase (like 30% or so).

 

[JohnQuixote]

 

[Skippy123]

 

[JohnQuixote]

Bump.

Those of you who saw Brian's 5/1 webinar got a complete overview. Here are market comments from Rap on 5/4 that reflect his key points. Note the percentage of increase in China's polished imports.


http://www.diamonds.net/news/NewsItem.aspx?ArticleID=17620

News: The bigger the better. Prices for large 5ct+ diamonds continue to rise as dollar weakens. Mid sizes and caraters stable while small goods remain weak and in serious oversupply. U.S. market continues to disappoint while India, Gulf and Far East expand. DTC April sight estimated at $580 mil. China Q1-2007 polished imports +170% to $78 mil. Japan March polished imports -6% to $87 mil. UN lifts Liberia export ban. Botswana to limit local rough sales to $500 million for current 16 sightholders. Pears: Large fancies strong but smaller goods weak and not as hot as they were last year. 3/4 and caraters stable with better demand for H+,VS+ goods. Matched pairs and layouts bringing better prices but buyers remain very picky about shape and cut qualities. Very big high quality "important" diamonds over 5 and 10 carats moving up in price as global wealth class demand improves and weak dollar drives demand for large stones.