Diamond supply falling relative to demand
INVESTMENT DIAMOND NEWS
With supply falling relative to demand, analyst predicts 5-7 percent per annum rise in diamond prices
With rough diamond producer facing a seemingly inevitable decline in production from 2019, and demand for polished diamonds in developing markets like China rising fast, an analyst at BMO Capital Markets says that diamond prices are already up 7 percent, and they will continue to rise by 5 percent to 7 percent per annum for the next few years.