Una cascata di diamanti
Una cascata di diamanti

Diamonds at stock exchange in Singapore

Diamonds come in Stock exchange. You can buy gems for investment, as well as passion and the pleasure of seeing them shine on the jewelry. Just as is the case for gold and, romantically hand, for materials such as oil or copper. But the novelty is that trading on diamonds can be done directly with real stones, not with financial instruments. The business will begin in Singapore in September. The Singapore Diamond Exchange Investment (SDIX) is developing technology exchange for the diamond market in an attempt to create a new asset class for investors, without the need to go through private intermediaries diamonds.
If you want to participate in the diamond market you be ready, however, to shell out a bit ‘of money. In Singapore you can buy and sell “baskets” of diamonds graded and certified in a laboratory, but also individual stones. The supply of the stones will initially assured by India’s Bharat Diamond Bourse. The new platform is the first of its kind in the world and differs from existing systems, such as the Singapore Diamond Exchange, which only allows you to buy diamonds, but not to trade them.
Beware, though: you must be aware that this type of investment is for experts. The diamond prices are chaotic. For example, after the increase in prices, in 2014 the stones already worked fells by almost 9% in 2014, according to estimates by Rapaport, the Bible operators gems. In addition, mark-ups on the price of origin increase the risk. A stone bought and sold wholesale retail can rise in price by an average of up to 200%. In short, investing in the diamond market is not as simple as buying a Bot, although it is probably more enjoyable. Federico Graglia

Una cascata di diamanti
Una cascata di diamanti
Singapore skyline
Singapore skyline

Leave a Reply

Your email address will not be published.

Previous Story

Ayala Radiance Collection

Next Story

The Smart Jewel for selfie by Morellato

Latest from money

Pandora at 2 billion

The modular bracelets of Pandora, joined with earrings and pendants, are booming. Based on preliminary reports,