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The changing structure of the global diamond market has an effect on the prices of diamond?
Diamond Prices Does the changing structure of the global diamond market have an effect on the prices of diamond? Not at the moment, but there is a lot of speculation in the diamond market on this topic. The international diamond marketplace still operates as a cartel, once dominated 100% by DeBeers, now it includes 3 or 4 players, notably the Russian government mining company Alrosa. Nearly all of the diamond mining companies have decreased production significantly, so they are holding back the supply of rough. The rough diamond suppliers are currently taking a big economic hit in order to avoid a glut of polished goods in the world market, which would decrease prices at the consumer level. Wholesale prices of loose polished diamonds have dropped slightly this month in the international marketplace. Over the past year, however, prices have remained relatively stable. The diamond industry keeps tabs on supply and demand via a private index, kind of like the NYSE index. In March of 2008, the index was at 193.4. Last summer, the index rose to 212. This month (March 2009) the index is at 196.7, still slightly above prices a year ago. Some people in the industry have speculated that the top of the supply chain will break loose and start dumping finished goods on the consumer market, which would decrease prices. But it is unlikely that this will happen because both the diamond mining companies and the major suppliers of loose polished diamonds have deep pockets, certainly enough to lay low until the market rebounds.
How much do platinum diamond earrings cost?
The cost of Platinum diamond earrings will vary greatly depending on the carat weight of the diamond. As an example for prices, 1/2 carat total weight start at about $1400 but a 1 carat total weight sells for approximately $3600 per pair.
What is the most expensive natural resource in the world?
In its largest, "best" version, the diamond has the power to command prices that cannot be matched by any other mineral.
When it is cloudy is air sinking or rising?
rising
What is the difference between a real diamond and a diamond aura diamond?
a aura diamond is a man made diamond.
What was one causes of the labor strikes in 1919?
rising prices
How do rising gas prices affect teenagers?
The rising gas prices will affect teenages just as the rising gas prices affect everyone.
What means that prices on average are rising?
Another name for rising prices is inflation.
What is economic condition characterized by rising prices?
Inflation is an economic condition characterized by rising prices.
Is an economic condition characterized by rising prices?
Inflation is an economic condition characterized by rising prices.
What is an economic condition characterized by rising prices?
Inflation is an economic condition characterized by rising prices.
What triggers the rising prices of gas and fuel your thoughts?
What triggers the rising prices of gas and fuel, your thoughts
How do you solve the rising prices of fertilizer?
The only way to stop the rising prices of fetilizer is to stop growing crops for biofuels.
inflation?
rising prices
How much prices of goods and services are rising?
Inflation is where prices overall are rising. This is caused by the over printing of money by the Government.
What marked the 1920s?
Rising Stock prices
What was a chief cause of the rising prices of the 1970's?
The formation of OPEC and the increase in the price of oil was a chief cause of the rising prices of the 1970's
