Diamonds as an Investment

Diamonds are trumps as price of gold wobbles

The diamond market in China has grown at a compound annual rate of 32pc since 2005. Photo: Bloomberg

Tan Jun has kept a cool head as he watched family and friends rush to buy gold bars and jewellery over the past month in the hope of benefiting from the slump in the price of gold.

Saturday, 18 May, 2013, 4:00am 2 comments

All that bling cannot hide what silly investments diamonds are

Are diamonds the new best friend of investors?

SCMP headline, July 30

No. There's a direct answer for you. And I have also never gone for that De Beers marketing line about diamonds being a girl's best friend. Try some day to engage one in conversation and see just how much friendliness you get in return.

31 Jul 2012 - 12:00am

Smart money

Best and newest sites for investing in diamonds:

7 May 2012 - 12:00am

Worth the weight

Rings in platinum, each with a 2-carat centre diamond by Tiffany & Co (price on request). Franges bracelet in 18-carat white gold with a centre emerald-cut 3.4-carat diamond and 12-carats of surrounding brilliant-cut diamonds by Chanel Fine Jewellery (price on request).

9 Dec 2011 - 12:00am

Graff IPO may fund expansion

Graff Diamonds says it may use proceeds from a listing in Hong Kong to expand in Asia by doubling its shops in the region.

Brokers said the London-based jeweller planned to list in Hong Kong next year to raise about US$1 billion. Local jewellery shop Chow Tai Fook is also holding roadshows on the initial public offering (IPO).

21 Nov 2011 - 12:00am

Diamond investors bid high

Economic slumps usually prompt investors to reconsider their options, and the global financial crisis has proved no exception to the rule.

The precious jewellery market is enjoying a boom as more people look to alternative sources of investment to protect themselves from rocky financial times.

21 Nov 2011 - 12:00am

Diamonds cut into fast-expanding market

In 2005, the China Daily reported that as much as 6,000 years ago, Chinese craftsmen may have learned to use diamonds to grind and polish ceremonial stone burial axes. Researchers at Harvard University have uncovered strong evidence that the ancient Chinese used diamonds with a level of skill difficult to achieve even with modern polishing techniques.

16 Nov 2007 - 12:00am

Israel targets 150pc increase in diamond sales

Former envoy heads regional office

Israel aims to export 150 per cent more diamonds to the mainland by the end of next year, a mission to be accomplished by a former Israeli envoy to Hong Kong.

9 Jul 2007 - 12:00am

Jewellery market sparkles

NOW THAT bonuses have been banked and pay rises confirmed, Hongkongers are back to their favourite activity - buying jewellery, especially diamonds. Retail sales of jewellery started moving up last year and are set to touch new heights this year.

11 Feb 2006 - 12:00am

Diamond daze

FOR MANY people, a diamond is as much an investment as a bauble to flaunt.

Even with retail diamond prices up 5 per cent to 10 per cent over the past year, sales in Hong Kong have shown no sign of flagging.

19 Nov 2004 - 12:00am

An elite investors' club

They may be forever for those who wear them but they do not always make for a glittering portfolio. Continuing our series on collectibles, MARISSA LAGUE looks at diamonds.

THEY may be a girl's best friend, but most investors will probably find diamonds a less than sparkling addition to their portfolios.

20 Mar 1994 - 12:00am