Interest in Investment Diamonds Growing

Mining Weekly reported that according to Rob Burton, director of bespoke jewelry store Platlandia, investment diamonds — those over 3 carats — are a good currency hedge and are more stable than gold.

As quoted in the market news:

‘Diamond retailers should look at investing in larger diamonds, as the smaller- stones market is saturated and overly competitive. Larger stones ensure higher yields and returns and are more difficult to come by, which makes them rare,’ [Burton] says.

‘The output of smaller, rough diamonds is tenfold that of larger pieces. Diamonds that are 3 ct and larger are not in the same kind of supply as half-carat diamonds,’ he states, adding that a jeweller cannot lose money on investment diamonds.

‘D to F brilliant clarity coloured diamonds always keep their value or their value increases over time. Smaller diamonds do fluctuate slightly in price, but the increase is not as big as that of larger stones,’ Burton says.

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