Saturday 11 February 2012

Diamond rush: We buy gold and diamonds

“You’re seeing a lot more signs in [jewelry store] windows saying ‘We buy gold and diamonds,’ not just ‘We buy gold"

Thanks to an escalating taste for diamonds among the middle class in China and India, diamond prices soared in 2011, increasing by 49% in the first half of the year before ending 19% up overall by the year’s end.

Full article is here

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