The price of diamonds fell between 5% and 10%.
Tips for shopping. In fact, tips for cautious purchases, or for no one purchase. Rings with diamonds, or diamonds purchased at the bank or by specialized companies, they are seen as a safe investment. There is a good deal of truth in this (a percentage of truth, not an absolute truth). But this is true for the long period. If you’re thinking buying a diamond, and being able to sell in a few months or a few years with a sure gain, think again: it is not so. The diamonds, such as gold, is subject to variations of even heavy price. There are many factors that impact on the cost-price of a diamond and, of course, its authenticity and quality (also read https://gioiellis.com/diamanti-4-regole-per-evitare-truffe/). For example, geopolitical factors, such as wars, revolutions, epochal changes can pick up or drop the price of a diamond.
Falling prices
Recently Brexit (Britain out of the European Union) has created a climate of uncertainty in Europe, which adds to the difficult economic phase. This results in a period of weak demand for diamonds and the prices of stones are starting to fall. For example, the diamonds of 3 carats of high quality saw the plunging cost of about 5% in the past two months. In truth, it is a decline that continues for two years: in 2015, for example, the Antwerp market has recorded a 10% decline for the smallest pieces of average quality. And the giant De Beers (the biggest producer) said that the prices realized for the year to June 30, 2016, were 14% lower than the previous period. The merchants and the stonecutters of the Belgian city confirm the stalled or, worse bending. In China, the campaign against corruption by President Xi, saw reflected a rather significant slowdown on the consumption of luxury goods within the country, including the jewelry. This also has an impact on the wholesale price. Moral: a diamond is forever, but not its price. Federico Graglia
