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Diamonds in the News

Diamond Fair in Hong Kong

HONG KONG - 28. February-4. March 2017 - One of the most important diamond fairs, The Hong Kong International Diamond and Gem Show, was held at Hong Kong International Airport.

It has become clear in the past few months that the demand for polished diamonds is growing. This is an encouraging sign for the diamonds' business. Asian markets have a great potential and now might be a good moment to invest in them.

Diamonds in the 0.25 to 0.9 carat range were most in demand at the fair. On the other hand, 5-carat and larger diamonds were selling, but for lower prices than usual. This indicates more tolerance for fluorescence in the colorless, near colorless and faint yellow ranges for large stones.

The price for rough (uncut) diamonds has increased, which in the long term may affect polished diamond prices. As a result, it's possible that customers buying diamonds may seek to buy polished diamonds now, before a possible price rise.

 

Hong Kong city
Hong Kong city was host to The Hong Kong International Diamond
and Gem Show (Image by Pixabay.com)

Record breaking diamonds

In the meantime, take a look at some of the previous news items about diamonds, both found or sold at auctions at record prices. Some of these diamonds are considered medium-sized, while others belong to what's known as large gemstones. Although it's usually diamonds over 25 carats that have their names, some of these medium-size diamonds also have their names, owing to their often interesting history, usually related to who owned them. The more carats a diamond has, the higher the price per carat, according to Jean-Baptiste Tavernier's law.

   News about diamonds

Pink Star Diamond

Pink Star Diamond

The largest polished diamond has been sold at a Hong Kong auction, setting a new world record for any gemstone sold at an auction.

706 Carat Diamond Found

706-Carat Diamond Found

A huge 706-carat diamond was found by a Christian pastor in Sierra Leone, in Africa, one of 20 largest uncut diamonds.

Oppenheimer Blue Diamond

Oppenheimer Blue Diamond

The 14.64-carat emerald-cut blue diamond was sold for a record $50.6m at a Christie auction in Geneva, Switzerland.

Blue Moon Diamond

Blue Moon Diamond

A 12.03-carat Blue Moon diamond has been sold at an auction in Geneva to a Hong Kong tycoon, for a record $48.4 million price.

Fancy Vivid Orange

Fancy Vivid Orange

Known as The Orange, the 14.84-carat fancy vivid orange diamond has been sold at Geneva auction for a record $2.36m per carat.

Diamond Heist Brussel

Diamond Heist in Brussel

In one of the largest diamond heists, $50 million worth of diamonds were snatched at the Brussel's airport.

Golden Eye Diamond

Golden Eye Diamond

A rare 43-carat yellow diamond, known as the Golden Eye, will be auctioned online by the US Marshals Service.

Fancy Intense Pink

Fancy Intense Pink

One of the rarest diamonds in the world, the 24.78-carat "fancy intense pink" diamond has been sold for a record $46m in Geneva.

Wittelsbach Diamond

Wittelsbach Diamond

The 35.56-cart fancy blue diamond, known as the famous Wittelsbach diamond, has been sold for $24.3m in London.