00cts and larger Fancy, Intense & Vivid Color & FL-VS2 Clarity - but at correspondingly exponentially higher price points - since these are much larger Diamond Rough - all with the same Guaranteed Minimum Resulting Loose Polished Diamond
Yields & Specifications as documented via GIA Diamond Grading Certificates.
The compound annual growth rate (CAGR) of the industry from 2009 to 2014 stands at six per cent for polished diamonds
and five per cent for diamond jewellery.
Dubai also recorded a 100 per cent increase in the volume of total polished diamonds
traded, reaching 163.
Building on this robust growth of the polished diamond
trade, DMCC recently announced the first Middle East-China Diamond and Jewellery Summit (MECDJS), to further consolidate Dubai's role in the value chain of the global diamond and jewellery industry.
This has boosted the value of China's net exports of polished diamonds
by 72 per cent in the past five years to $8.
The Dubai Diamond Exchange (DDE), a subsidiary of Dubai Multi Commodities Centre (DMCC) and a leading global diamond trading platform, recently hosted the first polished diamond
auction of its type in the region.
The typical polished diamond
has 57 or 58 facets, each proportioned in geometric relation to the others.
Overall polished diamond
prices and trading volumes have returned to early 2008 pre-recession levels and stabilized during the second half of 2010.
I feel polished diamond
prices can easily increase another 20 to 25 per cent from here before the end of this year as typically during summer American retailers start their buying for thanks giving and Christmas season.
The International Institute of Diamond Grading & Research (IIDGR), a De Beers Group company, has entered a partnership with one of Japans leading bridal jewellery retailers, I-PRIMO, to provide polished diamond
Group activities include publishing, research and marketing services, internet information and diamond trading networks, global rough and polished diamond
tenders, diamond certification, quality-control, compliance, shipping, and financial services.
Diamond mines remove some 275 tons of ore in order to make a one-carat, gem-quality polished diamond