Diamonds are not just part of your fine jewelry but they are also used for other purposes like manufacturing of industrial and high precision tools. So, investing in diamonds can be a real way to keep your future secure. Let us take a look at the reasons why diamonds are a good place to invest in.
- Supply Vs Demand Ratio: From the year 1949, the diamond prices have been increasing gradually over the years. This is due to the growing demand in the global market, especially in Russian, Asian and Middle Eastern markets. Another fact is also that finding diamonds which are natural and void of flaws is a rarity making them even more appealing. They are all the more expensive when they are used in jewelry, for both men and women. Also, there is an increasing demand in the high precision tool manufacturing industry for these gemstones. It is not just the pure colorless one which is soaring higher; it is also the colored varieties which have been growing in demand.
- Easy To Transport: Another huge advantage with diamond is that you can carry them easily with you unlike other investments like real estate or cars. Whether it is in the form of jewelry or it is in pieces, you can take them wherever you travel to without having to worry about leaving it behind.
- Independent of Market Fluctuations: The market fluctuations like the rise in oil or stock prices do not have any bearing on the price of the diamonds. The value of this stone has not gone down even when the economy has been at the lowest and is not deterred sensex failures too. They are not affected by social and political situations either.
- Maintenance And Storage Is Easy: Diamonds are by nature stronger and quite durable. This means that they have a longer shelf life than any other mineral or gemstone. There is no expiry date to a diamond. Also, given that it is not fragile, there is no need to worry about handling it delicately. The maintenance of this stone is also not quite complicated making it easy to store. When you have a collection of diamonds, all you need to do is ensure that they don’t come into contact with each other and you can keep them shining and priceless for your entire life and more.
Diamonds have always been the most wanted gemstone in jewelry which is why you would find them in many of the David Birnbaum Rare 1 collections sought by many celebrities.