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Why are colored diamonds such a strong investment?

April 26, 2017colored diamonds Investment strong

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Why are colored diamonds such a strong investment?

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• Supply and demand is the strongest reason colored diamonds are a strong investment. Demand for colored diamonds is increasing as supplies are falling. DeBeers closed 3 diamond mines in Africa in 2006 and the Argyle mine in Australia is ceasing open-pit mining in 2007-2008. The newest mines in Canada and Russia are not producing much in the way of colored diamonds so, with supplies of colored diamonds falling and demand increasing, prices should increase substantially.