Why are Diamond prices going up? Part 1
Posted by Fred Nevarez on August 5th, 2011 with 0 Comments
People keep asking me – Fred, why are diamond prices going up so much? I hope this helps us all understand a little better.
#1 America has 310 million people. China and India have 2.5 BILLION people. China’s economy is projected to grow 10% this year. What that means is more people around the world have more money. These people want iPods, they want dishwashers, they want diamonds. So number one, more people want diamonds.
