IJI: Diamonds to be trade indexed


Israeli Diamond Industry: Diamonds to be Indexed for Financial Trading

Despite the worldwide economic crisis, diamonds (particularly large-carat and fancy colored diamonds) have steadily increased in value. Investors – not just celebrity jewelry buyers – are taking a more serious look than ever at their longevity and long-term desirability.

(March 11, 2012: Diamonds Surpassing Gold as Investors’ Key Target)

Now a US-based company called Gemshares has patented a 10-level grading system that will allow polished diamonds to be traded on the stock market as a commodity. (Read more of this story on the Wall Street Journal.)

loose-diamonds

Advertisements

About Faye's Diamond Mine

Faye’s Diamond Mine is an award-winning jewelry store located in the beautiful Ozark foothills in Clinton, Arkansas. We specialize in fine diamonds and our staff has consistently received national recognition for jewelry design and quality service. We are proud of our community-minded business approach and our high standards of artistic creativity. We’d love to serve your jewelry needs!

Posted on August 15, 2012, in News and tagged . Bookmark the permalink. Comments Off on IJI: Diamonds to be trade indexed.

Comments are closed.

%d bloggers like this: