, March 09, 2018 ) Toronto, Canada -- Natural colored diamonds
such as The Blue Moon, Sweet Josephine, Fancy Vivid Yellow or The Fancy Intense Yellow also known as the Canary Diamond have set record sales at auction houses. Canada based Baystreet investment news site reports that the colored gemstone industry is now enjoying annual retail sales of $18 -$21 billion. The site went to state that the industry is witnessing the age of color and the era of the ‘new diamond."
What does the future hold for natural colored diamond market even as it experiences record sales? Experts believe that natural diamonds will increasingly become rare - there will be fewer natural diamonds to go around. The Economist reports that "the supply of new diamonds is expected to peak in the next few years, before beginning a slow decline."
One can attribute this decline in supply to the following: The biggest mine, the Rio Tinto’s Argyle mine, which produces more than 90 percent of the world’s natural color diamonds, is expected to be closed by 2020. The world's biggest diamond mine, Gahcho Kué in Canada, is expected to close by 2030.
As the supply of colored diamonds become rare, investors consider natural colored diamonds as part of their portfolio because of their private nature. This sense of privacy will not change anytime soon.
The portability of natural colored diamonds allows the investor to take his tangible and portable assets anywhere in the world and trade in any currency. The portability and freedom to buy and sell in any currency and across geographical boundaries will not change anytime soon as well.
What will change in the future with natural colored diamonds is the proliferation of information about the market. This information will help more people gain knowledge about the industry and how to invest. However, investors will still need experts’ advice from professionals such Mr. David Metcalfe of Premier Diamond Group
(North America) Ltd. Mr. Metcalf is "a pioneer in the branding of natural colored diamonds as a hedge against excessive market volatility brought about by speculation and government credit excesses." He can be contacted at 416-679-9306 or go http://www.premierdiamondltd.com/contact-us/
About Premier Diamond Group (North America) Ltd
Premier Diamond Group specializes in the purchase and sale of natural colored diamonds for wealth accumulation and estate planning purposes and holds membership in the International Colored Gemstone Association and the U.S. Chamber of Commerce. For more information, go to http://premierdiamondltd.com/
Premier Diamond Group (North America) Ltd.
Skyway Business Park,
170 Attwell Drive, Suite 100
Toronto, Ontario M9W 5Z5
This news release is based on information available to the public. The information and any statistical data contained herein has been obtained from sources we believe reliable, but we do not represent that they are accurate or complete and should not be relied upon as such. The material contained herein is for information purposes only.
Premier Diamond Group (North America) Lt