2013, there is a significant increase in prices for fancy colored diamonds, while prices for other categories of diamonds are difficult to maintain, the portal Diamond World reports. As a result, at various auctions and tenders organized in the last few weeks, new price records were set, which underlines the strong position of the market for colored diamonds, where the price increase is supported by the demand from dealers and private buyers.
Against the backdrop of supply constraints and buyers' agiotage, prices continue to grow. Although there is no official systematized price list for colored diamonds, the managing director of Rachminov Diamonds believes that prices for pink diamonds jumped by 30% on a monthly basis, while diamonds of intense bright yellow rose by almost 35%, while yellow diamonds lower quality rose in price by 10%.
According to the report, prices for fancy blue diamonds have increased by 35% over the past two years. Similar data were obtained from the recent tender of pink diamonds from the Argyle mine, organized by Rio Tinto. Leibish Polnauer of Leibish & Co., who bought 7 of the 64 Argyll diamonds tendered for this tender, said that the price increase was about 35% compared to the previous year. He also noted that more buyers took part in the tender.
As a result, Rio Tinto registered a price record after selling a 2.51-carat pink diamond for more than $ 2 million.