Diamonds are not only a girl’s best friend, they can also produce a rock solid return. De Beers, which controls 60% of the world’s diamond production, has increased it’s prices five times in the last 24 months, but worldwide demand is still rising at 8% a year. In China alone diamond sales are expanding at 25% a year. Nor is this growth limited to diamonds for jewellery. The vast majority of diamonds – some 80% – are used for industrial purposes and, here again, prices have been rising as demand outstrips supply.
Research something called Tanzanite. It isn’t a precious stone, nor does it count as semi-precious. Discovered in 1967 in the foothills of Mount Kilimanjaro the best stones are vivid violetish blue. Costing considerably less than Diamonds the price is volatile but Tiffany’s the jewellers use it a great deal and it could take off in the future much in the way coloured diamond price have over the last two decades.
We all know diamonds are a hard stone, but the word diamond literally does translate into the word ‘indestructible.’ The word comes from the Greek term, ‘adamas.’ For those who know and love X Men, it is said that Adamas is at the heart of ‘adamantium’ the made up alloy in X-Men Wolverine’s body.
The clarity signifies how clear the diamond is when you look though it. Most diamonds have some level of flaws or inclusions although some of these may not be easily seen without a jeweler’s magnifier. A perfectly clear diamond is very rare. When you are looking for the perfect diamond jewelry present, determine if you can see any dark spots in the stone.
Oval diamonds offer this uniqueness in conjunction with the reliable brilliance of round diamonds. This is what makes the oval one of the most popular of the “other” diamond shapes.
Despite diamond being the hardest natural substance, it is still important to take care of your diamonds. Diamonds can be chipped by a heavy blow, and can scratch other items, including other diamonds, so it is advisable not to wear a diamond ring when doing rough or manual work. Diamonds should also be cleaned regularly using jewellery cleaner.
The last quality used in the 4C grading system is Cut. This is measures the amount of brilliance and sparkle the diamond has. There are various cuts of diamonds that include round, marquise, and princess cut stones. The round cut has long been one of the world’s favorites, but princess and marquise are also very popular. The cut of a diamond can determine how shiny and reflective it is thus enhancing its beauty. There are many reasons why diamonds are adored all around the world.
There is currently over 35 diamond mines in operation today, each constantly in motion while trying to find the illusive gems. Diamonds will always be in high demand, and the supply will most likely never increase to the point where prices are significantly lowered.