Thursday, 28 April 2011

Diamond prices surging tide hit, "May Day" after the wedding costs will increase

According to information provided by the industry, started in January last year to 12 months, full pandora bracelets prices stable all the way up, the average carat diamond rose by 15% -20%, especially 3 carats of diamonds rose even more.

This year February 17 to March 17, just one month time, high-speed diamond prices rose even more, 30 points, 50 points, 1 carat loose diamonds 3 carats have a different level of growth. Among them, 1 carat diamond fastest growth rate reached 8%; followed by 3 carats diamond, or 6%; Further drilling is 50 minutes, or 5%; while the slowest growth in 30 drill, only 2 %. In general case, this year carat diamond total or more than about 30% higher than same period last year.

Rough, Cutting the cost of improving

Diamond prices are rising

Under the authority of the global diamond group De Beers diamond brand Forevermark Forevermark Wang Hao, China, director of public relations, said the price of rough diamonds prices is an indisputable fact, received the news in his view, since the start of January this year, more than 20 points of diamonds rough price, or degree in 25-30%, 50 points or 1 carat diamond rough, or in 30%.

Wang Hao analysis, rough pandora charms discount prices are mainly determined by market forces: on the one hand, as the world economic recovery, the global demand for luxury goods has risen, leading to increased demand for diamonds; the other hand, the international market, precious metals, such as gold and silver prices continued to rise, but also as a scarce resource, with potential for investment purpose, the price of diamonds has long been underestimated, which led to the price of diamonds this year.

Also pointed out that the pandora charms spring 2011, in addition to the scarcity of production, supply and demand contradiction, raising the cost of the diamond cutting and grinding the past two years also contributed to the global diamond prices suddenly soared to fly one of the reasons.

It is reported that last November, the world's largest diamond cutting and grinding, India in Diwali (the Indian New Year) released about 20 days of vacation, starting from Diwali, the world's leading rough Cutting the outbreak of a large regional market Surat scale strike, negotiations between unions and employers can not agree on the delay. Lack of capacity utilization, a direct result from November 2010 to February 2011, the global shortage of the finished diamond.

Salamanca Dragon Jewelry relevant responsible person said: "Not only is the cost of rough diamonds to enhance and market supply determine the gains, raising the cost of cutting and grinding a certain extent, contributed to rising prices."

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