Diamond Prices remain close to year highs

- January 3rd, 2011

Reuters.com reports that Diamond prices remain high.

Reuters.com reports that Diamond prices remain high.

The story is quoted as saying:

The main PolishedPrices index finished the week 0.8 percent lower, opening at 131.4 points on Monday. The overall index starts the New Year 15.0 percent aboveits starting level for 2010, and is 23.9 percent above the low of April 2009.

To access the full story, click here.

Get the latest Diamond Investing stock information

Get the latest information about companies associated with Diamond Investing Delivered directly to your inbox.

Diamond Investing

4 responses to “Diamond Prices remain close to year highs

  1. Yeah, I first read about this in an article called ‘Bernanke Murders Gold and Silver’ (http://www.dailysilvernews.com/bernanke-murders-gold-and-silver/233/).  That article states:

    Based on this [Bernanke’s] testimony, gold and silver were murdered. The supposed reason? – We are told that traders were expecting QE3
    to be imminent and were disappointed because the usually dovish
    Bernanke did not sound quite as dovish as before. Thus the metals were
    hammered mercilessly lower.

    Excuse me – but as a trader who watches these markets each and every
    day for more hours than I would prefer anymore, I have not seen any
    analyst explain the reason for the  heretofore rally in the metals as
    traders EXPECTING AN IMMINENT QE3 program to launch.

  2. Yeah, I first read about this in an article called ‘Bernanke Murders Gold and Silver’ (http://www.dailysilvernews.com/bernanke-murders-gold-and-silver/233/).  That article states:

    Based on this [Bernanke’s] testimony, gold and silver were murdered. The supposed reason? – We are told that traders were expecting QE3
    to be imminent and were disappointed because the usually dovish
    Bernanke did not sound quite as dovish as before. Thus the metals were
    hammered mercilessly lower.

    Excuse me – but as a trader who watches these markets each and every
    day for more hours than I would prefer anymore, I have not seen any
    analyst explain the reason for the  heretofore rally in the metals as
    traders EXPECTING AN IMMINENT QE3 program to launch.

Leave a Reply