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Statistics indicate that normally, the price of around, brilliant cut diamonds sized at 3 or over carats has increased 5 percent to 8 percent in the past year. Likewise, in earlier times three years, prices with regard to diamonds larger than a couple of carats have climbed a good astounding 23 percent to 35 percent.

The figures were lately published in the Rapaport Diamond Report, any monthly publication that updates the jewelry and diamonds industry of market developments and sets consumer discount. The study suggests which diamond prices will always rise despite recent diminishes in consumer spending..

What's causing the steep increase?

Big suppliers, like DeBeers, which sells about 45 pct of the world's rough diamonds, drive the discount for loose diamonds. Reported by Jeffrey Levin, recent price hikes can largely be caused by these diamond business leaders. For more than twenty years, Jeffrey Levin offers operated Firenze <a xhref='http://www.discountlinksjewellery.com/links-charms-c-1.html'>links of london charms</a> Jewels, a family-owned jewelry boutique in Ny City's Diamond District.

How much does this mean for that diamond market?

Mr. Levin has seen many price fluctuations in the past but he warns the fact that larger players in existing market have gotten within over their heads using this type of latest hike. Rapaport concurs with this. Their 2006 Diamonds Report stated: "The clear conclusion is that there isn't any justification for the higher prices of diamonds. Beneath the surface there is a real turbulence... We are inside an ever-growing bubble that is certainly expanding and stretching to the point at which an explosion is imminent. "

Many larger investors have previously reached their financial limits and won't have the ability to offset future price raises. As prices are driven upward at a rate beyond consumer tolerance, these lenders will inevitably suffer in the fall out.

What must consumers expect?

The more immediate end result of this inflation will befall you in the form of unreasonably raised retail prices for large, quality links of london <a xhref='http://www.discountlinksjewellery.com/sweetie-bracelets-c-8.html'>sweetie bracelets</a> diamonds. Customers may find quite a few relief with smaller jewelry retailers, who invest mainly within finished pieces, not loosely stones. These operators are not as affected by the wholesale trends general health tend to pool sources with other brokers with regard to high-end pieces, allowing these folks to calmly weather market fluctuations.