There are a few diamond shows, throughout the world, which give TheCheapDiamonds.com a good indication of where the prices are within the diamond industry. These shows include the Miami Beach jewelry show, the Las Vegas jewelry show, and the September Hong Kong diamond and jewelry show. The Hong Kong show tells us who the buyers are, and how the prices of diamonds, and clarity enhanced diamonds , are doing. Let's see who came, and where the prices are today!
Who Came to Buy Diamonds:
It seems that the world is in a bit of a recession. Our clients from the Far East, including China, India and Japan were there, but they were very quiet. The Far East's signature diamonds are colorless and near colorless diamonds with clarities of Flawless, VVS1, VVS2, and VS1. They were not moving, which means prices are soft for these types of diamonds. Our friends from the Middle East were also quiet, yet the price of fancy color diamonds, including fancy blue and fancy pink, were holding strong. Our friends from Europe, including Germany and Italy, were also absent. Things in Europe are still very quiet. Dealers from the United Sates were there in abundance, and prices for SI1 and SI2 type of diamonds, in colorless and near colorless, are holding strong. I1, or imperfect diamonds, with GIA diamond reports have actually increased, and the demand for these diamonds has also increased.
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