How is the evolution of diamond prices ?
The evolution of diamond prices is very hard to evaluate because there are thousands of categories of diamonds (by combining the different levels of the 4Cs), and therefore thousands of price ranges. It is therefore almost impossible to describe in its entirety, as there are so many disparities between the cheapest and most expensive diamonds. There is no single official price for diamonds, but a market price that varies according to the characteristics of the diamond. The price per carat of a 0.30 carat diamond is very different from that of a 1 carat diamond. The price per carat of a 1 carat diamond in G color and VS clarity is different from that of a 1 carat diamond in H color and SI clarity. And their prices move differently and independently depending on supply and demand.
Diamonds: a fun investment to diversify your savings
An object of beauty and luxury, diamonds are also a safe and coveted investment. Diamonds are known to be a safe bet, especially for long-term investment, with a growth rate of 2 to 3% per year. In recent years, demand has been exploding and the trend is for production to decrease due to the depletion of rough diamond mines, which is pushing the price of diamonds up. That said, don't expect to make a fortune by investing in diamonds, as the redemption price of your stone will often be lower than the price at which you bought it. We therefore advise you to remain reasonable by investing no more than 10% of your savings in diamonds. The advantage of diamonds is that they contain the most value in the least amount of space and are the most easily transportable. In addition, diamonds are also easy to pass on. And what a pleasure it is to be able to wear or see one's investment being worn on a daily basis and to admire its beauty in all its facets. If you own a diamond or inherit a diamond, you must make sure by going through a diamond dealer or a jeweler specializing in precious stones that what you have is indeed a jewel and a diamond of value.
The world stock exchanges where the price of diamonds is played out
This rough stone created by nature when the conditions are right comes to us mainly from Africa. Once extracted from the mines and meticulously sorted, the diamonds are sent to the expert diamond exchanges where millions of dollars are traded daily. Of the 28 diamond exchanges in the world, the most famous is located in Belgium, in Antwerp. With 80% of the world's diamond production, the Belgian city is the capital of the trade around the precious stone. It is here that you will find the most serious diamond dealers in the world. You will also find exchanges in New York, Tel Aviv, Hong Kong and especially Bombay. The capital of the Kingdom of India has the largest diamond exchange since 2012. Trading and selling rough diamonds is the daily business of these gem dealers. It is difficult, or even impossible for a private individual to obtain uncut diamonds on these markets. That is why we advise you to meet with a diamond wholesaler before investing.
Diamond price simulators
A diamond is not estimated anyhow and it is not enough to enter in a simulator its weight, its color and its purity. Of course, it is essential to know these last characteristics to ensure that what you have in your hands is indeed a diamond. The carat, which is the unit of weight of the diamond, has a great influence on the price of the diamond. We always talk about price per carat. The larger the diamond, the rarer it is and the higher its price per carat. There are online simulators to give you an idea of what the price will be, so you don't have to accept an offer that is too low.
The Rapaport Prize List
The Rapaport Diamond Report is a price list of cut diamonds. In the diamond sector, we don't talk about prices but about a reference: the Rapaport prices. An indispensable tool for the diamond wholesalers' buying and selling business, this report is published every Friday and keeps you abreast of fluctuations in the price of the precious stone. Only used for white diamonds, you will not find any information about colored diamonds, which, because of their great rarity, are subject to a different price logic. Accessible by subscription, the Rapaport gives the following information on the different diamond sorting criteria: weight, shape, color and clarity. Add 2 zeros to the number in the box and you will get the price per carat in dollars of your diamond.