Diamonds Could Become The New Gold
Fortune: Diamonds Could Become the New Gold
http://nws.mx/Pvqn06
Dealer Activity
The activity at the dealer level so far this spring can be summed up with one word: brisk. Sales through the dealer network of good quality pinks, yellows, blues and champagnes continues to outpace supply and certain color categories, such as highly graded greens, oranges and purples are very difficult to source in the market as dealer asking prices continue to rise in the major trading centers in Tel Aviv, Antwerp and New York.
Some of the interesting dealer offerings we have seen in the last month:
• We saw a 1 carat plus I1 graded, heart shaped Fancy Vivid Orange Yellow offered for over $50,000 USD per carat.
• 0.74 carat Fancy Intense Blue Flawless diamond asking $300,000 per carat.
• 0.65 carat Fancy Intense purplish Pink of VS clarity asking $141,500 per carat.