Showing posts with label investing in diamond. Show all posts
Showing posts with label investing in diamond. Show all posts

Wednesday 20 May 2020

Super-rich are investing in diamonds


Amid economic uncertainty, the super-rich are looking to ultra-rare precious gemstones as a ‘safe’ store for their wealth
Fine jewellery sales are seeming to weather the coronavirus crisis, thanks to lockdown proposals and demand for precious pieces to mark birthdays and anniversaries. Some jewellers report that people are spending more on gifts than usual, in lieu of ‘proper’ face-to-face celebrations.
And at the high end of the market, collectors are still investing in rare gemstones – sometimes seeing them as a safer store for their money than the volatile stock market or property.
Source: DCLA

Super-rich are investing in diamonds


Amid economic uncertainty, the super-rich are looking to ultra-rare precious gemstones as a ‘safe’ store for their wealth
Fine jewellery sales are seeming to weather the coronavirus crisis, thanks to lockdown proposals and demand for precious pieces to mark birthdays and anniversaries. Some jewellers report that people are spending more on gifts than usual, in lieu of ‘proper’ face-to-face celebrations.
And at the high end of the market, collectors are still investing in rare gemstones – sometimes seeing them as a safer store for their money than the volatile stock market or property.
Source: DCLA

Russia’s Alrosa says output stable amid Western sanctions

Russian diamond miner Alrosa has no plans to reduce production amid tougher Western sanctions, its chief executive Pavel Marinychev said on ...