I'm considering purchasing a diamond, but I'm not sure if it's really worth the investment. I've heard mixed reviews about diamonds, and I want to understand if they are truly valuable or if there are better alternatives.
5 answers
ethan_carter_engineer
Sun Oct 27 2024
The value of rough diamonds has experienced a significant depreciation over the past five years.
Martina
Sun Oct 27 2024
According to Rahul Guha, Director of CRISIL Ratings, the rough diamond market has seen a decline in value ranging from 13 to 15 percent.
KatanaBlade
Sat Oct 26 2024
This depreciation has rendered rough diamonds a less attractive investment option.
CryptoBaroness
Sat Oct 26 2024
Polished diamond prices, on the other hand, follow the trend of rough diamond prices but with a slight delay.
Claudio
Sat Oct 26 2024
This lag effect also contributes to polished diamonds becoming a less lucrative investment choice.