Diamond Demand to Grow 6%, Outgrow Supply

Reuters reported Bain & Company said diamond demand will grow by an estimated 6% over the next ten years fueled by markets in China and India.

As quoted in the market news:

That is set to hold up prices even through periods of volatility and could be supported by additional demand for diamonds as investment, the management consulting firm said.

The concept of diamonds as a potential investment commodity has long been debated, but – unlike for gold and silver – difficulties with valuation, the lack of a spot market and a lack of liquidity means efforts to create diamond funds have struggled.

Click here to read the full Reuters report.