Diamond prices in 2020?

Discussion in 'Other Investments' started by TreasureHunter, Apr 5, 2020.

  1. TreasureHunter

    TreasureHunter Well-Known Member

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    How are diamond prices moving currently?

    Are they also soaring just like gold? Is there are chart regarding diamond price trends during the current Corona pandemic?
     
  2. 66rounds

    66rounds Well-Known Member Silver Stacker

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    Diamond prices? You can grow them in a lab mate, what prices are you talking about.
     
  3. heartastack

    heartastack Well-Known Member Silver Stacker

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  4. Stoic Phoenix

    Stoic Phoenix Well-Known Member Silver Stacker

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    Diamond market aint for rookies.
     
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  5. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    :rolleyes: :rolleyes: :rolleyes:
    " Investment diamonds " have been getting dumped in the last 6 months :eek:
    I know a couple of dealers who want touch them at all these days
    But I'm sure there are those who are still buying
     
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  6. TreasureHunter

    TreasureHunter Well-Known Member

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    I know a few things about diamonds. Grading, shape etc. But pricing has always perplexed me.

    Currently, I heard some people are buying diamonds. And I was wondering whether they're a good (or bad) buy. Prices can go up as well, regardless whether they are grown in a lab or not.
     
  7. 66rounds

    66rounds Well-Known Member Silver Stacker

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    Let them know I have some for sale, can't find a place to get rid of the damn things.
     
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  8. slavaja

    slavaja Well-Known Member Silver Stacker

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    I think the only diamonds worth investing are pink diamonds but they start at 20k+
     
  9. heartastack

    heartastack Well-Known Member Silver Stacker

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    Weren’t opals big in Aus at one point? Bit before my time but was curious what the buzz was about
     
  10. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    Still are
    I have a mate still making $ in Opals
    Not much $
    He has a partner in Lightning Ridge which helps
    And his been in the game all his life.
    Not many people in Aus can do what he does
     
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  11. Holdfast

    Holdfast Well-Known Member Silver Stacker

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  12. silverhair

    silverhair Well-Known Member

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    I would only invest in vivd red diamonds, the rest are not worth the risk. Vivid reds are the rarest and most desirable.
     
  13. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    Gafilta fish
    Is what I think of diamonds
     
  14. TreasureHunter

    TreasureHunter Well-Known Member

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    I can already see Coober Pedy with a Midnight Oil backing track. Well, INXS "Listen Like Thieves" would suit it as well.
     

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