Diamond Investing News reports investors & consumers are looking for environmentally and ethical responsible diamond sources as the global diamond industry transitions.
This transition is in response to the growing awareness among people and consumers worldwide about the so called “blood diamonds”, produced in certain diamond producing regions of Africa like Sierra Leone, Angola, Congo and Liberia, where [...]
Diamond Investing News reports holiday season sales for jewellery have declined, disappointing many jewellery companies.
A study completed this fall by the Harrison Group and American Express Publishing found that of all the luxury categories, jewellery could take the biggest hit in the downturn. Planned spending by affluent consumers on jewellery was down 15 per cent [...]
Diamond Investing News reports diamond markets have been feeling the US recession worldwide.
The industry was being buoyed by the purchases of the wealthy, an economic class that had yet to feel the “money pinch”. Unfortunately, under the surface a crisis was brewing- the smaller, mass produced diamonds that catered to the masses were sitting on [...]
Diamond Investing News reports with the current global market crisis, diamond trading have been hit.
Traders expect the prices of gems to deteriorate in the coming months, but no one has any idea as to how much of a change to expect. In order to balance the supply demand equation, the Gem and Jewellery Export Commission of [...]
Diamond Investing News reports prices of diamond have been stable all year despite the recent turmoil on the markets.
Through the commodities price crash, diamond distribution companies have been making record breaking profits on sales of the gem.
For complete story, click this link. Follow developments in resource mining and exploration for free.Sign on to the Resource Investing [...]
Diamond Investing News reports the next safe-haven precious metal could be diamonds.
According to Harry Winston’s Chief Executive Officer Robert Gannicott, safe haven diamond investment combined with the lack of new mines in the industry is bound to buoy diamond prices. The diamond market has been influenced by the economic downturn, as sales of mid grade diamonds in [...]
Diamond Investing News reports its a unique year for the diamond industry despite the US financial turmoil recently.
Many companies have been reporting that sales are down, however, sales of top quality gems have risen, and this is causing many companies to churn record breaking profits. The top jewelry sales time is just around the corner, and, [...]
Diamond Investing News reports diamond industry looking overseas for market support.
The diamond industry is heading to Hong Kong with high hopes that strong Far East demand will sustain high price levels. The industry is concerned that economic hardships in the US will dampen holiday jewellery demand, as Christmas is when jewellers realise the majority of their annual sales.
For [...]
Diamond Investing News reports the summer diamond market did well and took a marginal rise of 0.9%.
Hong Kong reported July retail sales were flat, with jewelry among the worst performers. July diamond imports from India fell 14.7 percent to $25.56 million. Imports from Belgium rose 8.8 percent to $22.9 million.
For complete story, click this link. [...]
Resources investors will be carefully monitoring news developments on at least two fronts this week, with a concentration of interest in the progress of Tropical Storm / Hurricane ‘Gustav’ in addition to the recent Russian foreign diplomatic relations with its neighbors and the West.
Tuesday, December 2, 2008
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