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.