Accounting for 90 percent of the world’s gem trade, diamonds are the rarest and most coveted of all stones. Whether as as investments, symbols of wealth or unique works of art, diamonds are unsurpassed in their beauty and longevity.
Some investors are looking for new ways to invest in diamonds, including replicating the success of gold ETFs and buying and selling diamonds over the internet without taking delivery of the gem.
Diamonds. For thousands of years, they have been believed to bring good luck (and bad luck!) — health, wealth, and protection against most of the ills that can befall mankind. They are also a billion dollar business, although compared to the gold business, the diamond industry is small. The worldwide retail market for diamond jewelry was $60 billion in 2010. Like the gold business, the diamond business is segmented into several groups:
Before you invest in diamonds, make sure you follow these rules.
After being laid off from his job in the automotive industry, David Anderson didn’t bother searching for work. Instead, he went hunting for treasure — but not just any kind of treasure. Anderson went searching for diamonds.
TheKnot.com tells CNBC that there are four important qualities an individual should be looking for when shopping for a diamond engagement ring: cut, color, clarity and carat.