Welcome back to the Diamonds Hatton Garden blog where we bring you the last from our Hatton Garden jewellers and showcase the very best in diamond jewellery. As one of the leading dealers in the UK for fancy coloured diamonds we are excited to offer a wide a range of loose fancy coloured diamonds to suit each client’s requirements. If you are looking to buy fancy coloured diamonds it can be difficult to understand the various factors that contribute to the price of the stone. In a new series, we will cover all you need to know about buying fancy coloured diamonds, their history and their formation, why they are so highly valued as well as showcase some of our bespoke pieces.
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Author: Alex Yellop
Diamond Market Report 07/08/2020
Welcome back to the Diamonds Hatton Garden blog where we bring you the latest in our bespoke diamond jewellery, diamond engagement rings and more. As leading loose diamond sellers we offer a range of loose white diamonds and natural fancy coloured diamonds for sale. Part of our commitment to our clients is to ensure that we offer the very best both in quality and in value. That is why each week we are providing an overview to the state of the diamond market to inform our clients as to new trends, how pries are changing and what this means as a consumer.
Much like many industries, the diamond trade has been impacted with recent global events causing volatility in the market which is seen in both prices and inventory. With demand for polished stones improving in both China and the US, however, the caveat to this is that many large corporations are still cautious as to new inventory and stock due to an uncertain global future.
As we mentioned last week, fancy cut diamonds (any cut other than a round brilliant) continue to be popular with consumers. Indeed, oval and pear shapes continue to rise in demand and it looks like China is pushing this trends.
Retail in the US appears to be increasing and the focus on bridal jewellery continues to be a driving factor as consumers look to the future with renewed optimism. 0.70 to 1.50 ct.sizes, G-H colours and VS-SI diamonds are the most popular. Vintage and classic pieces in the second hand market are strong as HNWs seek to diversify funds and assets across the board. Estate
Antwerp reports a slower than usual August following on from the Corona Virus crises yet this is also down to the time of year when many dealers and retailers are closed for the summer. Much like in the USA, Israeli firms with close ties to the US and Chinese market are performing well and seeking to increase inventory as are Indian companies in similar positions, Hong Kong sales have been boosted as China begins to reopen however retail and tourism is still slower than this time last year.
Diamond Market Report 01/08/2020
As leading wholesale loose diamond dealers, our team, on a weekly basis, keep a close watch on market trends and developments. Even more important given the current situation occurring in the world. By careful following the latest market prices our team are able to not only provide the very best prices for our loose white diamonds and loose fancy coloured diamonds, but are also able to offer advice on fashion led and design trends to ensure that each client can choose from a wide array of both classic and modern shaped diamonds.
In today’s blog post, the first in a new series, we recount the latest development in loose diamonds and the major diamond markets.
Understandably, many producers of rough diamonds are holding back on increasing their inventory and miners are cutting back. With a supply shortage currently occurring, cutters are not buying as many uncut diamonds, various companies are buying selectively based on the current market. Inventory of uncut diamonds continues to grow whilst demand for polished diamonds slows.
However, in the fancy shape market prices continue to remain steady. Currently in demand are oval shaped diamonds from 1.5 to 3 ct.followed by pears and, of course, the ever popular excellent cuts. As prices for fancy shapes drop, momentarily as there is always a bounce back, consumers are looking for alternative designs for engagement rings and the high availability of fancies under 1 ct. are facilitating this rise in demand.
In the United States, the market remains optimistic yet cautious and, with a contraction in the market, dealers are struggling to find the right stones to fulfill orders and are taking more items on approbation. Once again, following the global trend, consumers are moving towards different shapes as round and oval 1 to 2.75 ct., G-I, VS-SI diamonds for engagement rings continue to hold steady..
In Europe, Belgium is quieter as new government restrictions are enforced. Following a decline in events and tourism trading has slowed down yet viewings of rough diamonds continue reflecting the decision of buyers to acquire what is available currently as opposed to speculating on future uncut diamonds.
Prices in Israel remain strong as many dealers anticipate a limited supply of new polished diamonds going forward. Shortages have been felt across the 1.50 to 2.99 ct., F-J, VS-I1 categories. Those who are looking to buy specifics are generally paying more than those looking to acquire stock.
In India restrictions are being eased ever so slightly, however like much of the world, shortages continue to limit the operations of many manufacturers.
Rounding off with Hong Kong the demand on both an industry (inter-dealer) level and on a consumer level remains slow.
What does this mean for a high street consumer? Well, like any situation there are always positive and negative aspects. A lower supply can inflate prices for specific cuts and gradings due to a lack of availability. However, those looking to purchase a loose diamond without a preference in shape are in for some fantastic prices.
Unsure on what to look for or buy? At Diamonds Hatton Garden our team of jewellers have been in the diamond industry for over 40 years. Our expertise, experience and passion can he;p you in these difficult times and offer you the highest quality and best prices. For more information, contact our team via info@diamondshg.co.uk or on +44 (0) 7951 060238.
What are August’s Birthstones?
Welcome back to the Diamonds Hatton Garden blog where we bring you the very latest in our bespoke jewellery, industry news and latest developments. As one of the leading jewellers in Hatton Garden we are often approached by clients who are looking to purchase gifts for their partners. Whilst diamonds, our speciality of course, are always a fabulous choice certain clients seek something a bit more personal and, well, different. Fancy coloured diamonds are always a popular choice for clients and our inventory of fancy coloured pink diamonds for sale is one of the largest in the UK. If you are looking to buy blue diamonds, one of the rarest forms of natural fancy coloured diamonds, then we also can assist you. Fancy coloured yellow diamonds, their gorgeous hues, tones and brightness, are a very popular choice. However, when gemstones are concerned it is also possible to be a bit more bolder and to choose something very different. Last month we published our mini-guide to July’s birthstone and this month we continue the tradition with August’s birthstones. August is a real treat for gemstone lovers and those born in this month are blessed with a terrific trifecta of choice: Spinel, Peridot and Sardonyx.
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What are the 4 Cs of Diamonds
Welcome back to the Diamonds Hatton Garden blog where we bring you the latest in our bespoke diamond jewellery designs, share our knowledge of the diamond industry and discuss our passion for diamonds. Have you ever heard of the 4 cs? When looking to buy a piece of diamond jewellery be it a diamond engagement ring or even a loose diamond, it is common, when researching, to come across the term “The 4cs”. In today’s blog we explore what “The 4 Cs” of diamonds are and what they mean as a buyer.
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An Interview with Creative Awards
Welcome back to the Diamonds Hatton Garden Blog where we bring you the latest from our jewellery workshop, guides to the industry and updates from our Hatton Garden jewellers. Based in the heart of the UK jewellery industry, our family run business have had the pleasure of working in one of the most unique and exciting areas of London for decades. Home to diamond dealers, setters and an array of businesses Hatton Garden truly is a place like no other. In today’s blog we speak with Creative Awards, designers and producers of bespoke trophies for the UK’s biggest events.
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What is July’s Birthstone?
Welcome back to the Diamonds Hatton Garden blog where we bring you the latest from our Hatton Garden Jewellers. In the start of an ongoing series, we look at this month’s birthstone for July: the delicious, boldly coloured and beautiful Ruby. Continue Reading →
New Partnership Announce
Following on from a 2020 that has seen many changes across our own business Diamonds Hatton Garden are excited to announce their partnership with a leading digital marketing agency that specialise in luxury brands.
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Welcome To A New Diamonds Hatton Garden
Welcome to a new look for Diamonds Hatton Garden
Diamonds Hatton Garden are delighted to announce the launch of our new website. With the World in lockdown, our team have continued to be busy assisting clients across the world with their jewellery requirements and develop a brand new website for our Hatton Garden Jewellers.
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