Published Tue, Feb 12th 2019
Diamonds have quality as well as artworks and also one of the very few goods that are good for investment. While consumers can wear their diamonds set into/as jewelry, simultaneously diamonds symbolize their most safe investments. Strong demand - predicted strong chance of increasing the price of diamond in the market in the forecasted period. While most other deluxe goods such as furniture, cars, furs, etc. lose their value over a period of time, in case of diamonds, this does not happen due to its unbreakable/durable nature.
A diamond is one of the most precious gemstones. Mankind has known diamonds since ancient times and used the gemstone as a decorative item for different jewelry and ornaments.
The high dispersion of light and its hardness gives diamond its characteristic of fire gemstone which makes it useful for applications in the industrial sector and in jewelry. Diamonds are certified on the basis of “four Cs” which are cut, color, clarity, and carat.
The key driver of the global diamond jewelry market is that diamonds are highly valuable. Prices of diamonds are not decided by governments and do not have any regulatory framework; hence, even during recession, diamonds are able to retain their market value. Lasting through multiple generations, diamonds carry a significant emotional value. Just as any other natural resource, with time, diamonds are becoming rare. This fact conveys the key important boosting result on value of diamonds for long period of time.Global Diamond Jewelry Market provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Diamond Jewelry Market analysis is provided for the international Industry including development trends, competitive landscape analysis, and key regions development status.
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