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CNBC reported that in 2011 decade long held diamonds saw a return of more than 100%, but that the spread between buying and selling is tumultuous.
CNBC reported that in 2011 decade long held diamonds saw a return of more than 100%, but that the spread between buying and selling is tumultuous.
As quoted in the market news:
According to Martin Rapaport’s “Diamond Price Statistics Annual Report — 2011,” every $1,000 spent on a 5-carat diamond 10 years ago would have returned $1,645 in 2011.
A decade-long diamond investment outpaced returns in theyen, euro, and Nasdaq or Dow Jonesindices, according to the report.
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