How does the diamond market behave?
The market became a great deal more transparent, investment funds in diamonds are becoming ever more popular and the demand for rough and cut diamonds is continuing to increase worldwide. The limited number of new diamond mines and the constantly growing demand means profitability is continuing to rise. Experts from the American analysis agency Wealth-X have noted that De Beers recorded an increase in demand of more than $175 million between 2016 and 2017. The booming popularity of the diamond in the East and the increasing demand for diamonds amongst millennials have played a particularly major role here.
Reports about the increasingly higher auction prices certainly also received plenty of media attention and new investors.
What should I pay attention to with my investment?
Investing in diamonds is therefore also a valid and reliable alternative to non-millionaires. However, investors need to take the following four basic principles into account: price transparency, quality assurance, transaction costs and liquidity. After all, it is important to realise how these factors can influence your investment.
What if I want to start investing in diamonds straight away? How do I choose the right diamond for my investment? Obtain advice from BNT Diamonds’ diamond experts or request a quotation now.