There is no crisis for diamonds

It seems that the diamond market is doing well. The latest analysis by the specialist Rapaport (world authority on diamonds) claims that market confidence improved in the first quarter of the year and that the Hong Kong Jewelery Show in March exceeded the wildest expectations, given that buyers the Chinese and Indians did not hold back. According to Rapaport,  among diamonds between 0.30 and 0.40 carats, grades G to K, continue to outperform other categories. In short, I like diamonds. Faced with this optimism, De Beers increased its prices in March, reducing the quality of its assortments. It also raised prices in April by 3% to 8%. Easter has cooled the price increase for rough stones a bit, however the demand for diamonds in the United States and the Far East remains constant. And the jewels? In the United States, again according to Rapaport analysts, retail jewelry sales are stable, while consumer confidence continues to grow. In short, while the price of gold falls, it is a golden period for diamonds.