- What were the general trends?
- Which records were broken?
- What about buying diamond online?
- What are the projections for 2018?
With the new year around the corner, it’s the perfect moment to evaluate the past year. Lots of thing happened on the diamond market, but what exactly? And how can we use these trends to make predictions for 2018?
What were the general trends?
The prices for yellow diamonds stagnated last year, with a strong counterweight of the blue and pink diamonds. In 2017, there were record-breaking amounts at auctions and general price rises on the diamond market. The demand for both colours continues to rise, while there are hardly any new finds. At the auctions, existing items were sold instead of new ones.
The investment diamond in particular turned out to be popular in 2017. The value of diamonds as an alternative raw material investment appears to break through worldwide, that’s why diamonds with high investment values in particular did well in the diamond market.