What everybody should know about diamond prices?
Diamond prices firstly depend on their weigh. The bigger the diamond the higher price it has. Big brilliants are those the weight of which is more than 1 carat. But together with this fact the price of the diamond 10 carats in weight is one hundred times higher. As a rule auctions sell the diamonds that weigh not less than 6 carats and those with 25 carats have even their own names.
If speaking about a big diamond its price value doesn’t only depend on its weight. The clearness and color of the diamond play a great role. If throwing the diamond into the water nobody will notice it as it’s so transparent and clear. The cheaper diamonds can have various tinges: from yellow to brown ones. The clearness and color of the diamond are classified on the special scale, which is always marked on the jewelry label. For instance diamond characteristics 1/1 means that the precious stone is of the first color and first clearness, therefore of the first-rate. Further, the bigger the numbers the lower quality is the diamond. Diamond cutting also influences on the diamond price. The jewelers can make different diamond shapes when processing them: heart, oval, pear and other shapes. But classic cutting is considered to be the best. 90% of diamonds have it. It is connected with the fact that precious stones with non-standard shape can’t reflect the light fully. On the other hand various diamond cutting looks attractive.
Today diamond prices continue to grow. It is a curious fact that if there was a great price growth of 2 carats diamonds today more and more one can note price rising of more expensive diamonds.
The experts see 5 factors influencing on diamond prices growth:
1) a good demand for diamond jewelry at various markets, except the USA and Japan;
2) the chain of costs: producer-supplier-diamond and jewelry industry consumer;
3) the weakening dollar, a major international diamond market currency;
4) the growth of prices for all the bourse goods and natural resources, a part of this money is invested into the diamond market.;
5) stock market rippling, that make people invest their money in gold, precious metals and precious stones.
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