Rough Diamond Prices Could Rise 5 to 10 Percent in 2014

Reuters reported yesterday that according to Stephane Fischler, president of the Antwerp World Diamond Centre, natural rough diamond prices may rise 5 to 10 percent this year due to improved demand for jewelry in developed and emerging markets.

As quoted in the market news:

‘We have already had an increase in rough prices in the first quarter. They could gain up to 5% more by the end of the year,’ Fischler said in an interview in Moscow.

He said there was a ‘healthy outlook’ for rough diamond prices this year, forecasting an overall rise of between 5% and 10%.

Click here to read the full Reuters report.