What RIAs need to know about why diamonds aren't just for pawn shops, brides and African cartels anymore
With De Beers humbled, valuation methods standardized and hundreds of millions of Chinese headed to middle-class nuptials, it's a new story
An excellent article & information …and with diamonds being so internationally traded, their values and appreciation rates are truly dependent upon which currency you utilize! To fully understand every diamond classification’s international value or change in value, in any of 11 foreign currencies, relative to gold’s annual moving average or to basket of currency’s unit (SDR), one can refer to the DiamondMaster App to quickly and easily calculate diamond values + appreciation rates over the last year and 5 years to make the most informed decision/selection of size, shape & quality of diamond within your budget.
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