Prices for Diamonds 2010

Prices for diamonds will rise in 2010

According to the predictions of the portal “Commodity Online” , prices for diamonds is expected to rise in 2010. Their value increased by 14% compared with its usual rate. “Commodity Online” says that the reason for the increase in demand for diamonds is the flow of investments in the diamond market. The economic crisis of 2009 did not affect the value of diamonds, the prices were stable. Although, according to “Commodity Online” in the end of 2008 and begining of 2009, it was noted a fall in prices for diamonds for more than 25%.

Historical Diamond Prices

The injection of investment in the diamond business to stabilize the market in the second quarter of 2009, they decreased by almost 10% by year end. The decision to limit the flow of diamonds into the market by large manufacturers was a major factor to stabilize the price of diamonds, it helped to cope with the situation.

It should be noted that a significant increase in demand for jewelry markets in such countries as India, China, Turkey, UAE affects the stability of world prices. Also, the steady growth in sales of jewelry in the Internet played an important role.

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