Diamond

The diamond is a special case that makes it unique among its peers. The diamond is a bourgeois stone, since its name has always been associated with the wealthy and the wealthy or influential and influential, due to its high price, rareness, uniqueness and color. What amazed the humans about this dazzling stone is his resistance, which is incomparable, in addition to the intensity of the brightness that fascinates the beholder.

Today, the name of the diamond is associated with great love and romance, so that it is used extensively in lovers' gifts, wedding rings and ornaments. However, history records the association of diamonds with the authorities and rulers before the fifteenth century, as well as a tool to drive and fight evil spirits. A number of scientists and philosophers such as Plato, who supported this matter, believed it.

Chemically, diamonds are composed of carbon crystallized by heat and high pressure for a long period. This explains why diamonds are often extracted from volcanoes and volcanic areas in general, and because of the pressure and high temperature, carbon atoms are forced to form in perfect rows. On the other hand, we note that the environment in which diamonds are formed and their impurities affect its color. We know the transparent white color, but there is diamonds in which a spectrum of other colors such as blue, yellow, pink and others.

Diamonds, like the rest of the minerals, are mined through the mines, and the top countries that have been crowned the most productive producer of diamonds between India and Brazil have moved to later move to several African countries that are rich in this precious metal and end up in a small and unknown African country called Lesotho, From all directions.

Today, however, the great scientific development that we have achieved has made it possible to manufacture types of pure diamonds, which in purity reaches higher than the natural ones, so it is possible and using modern technology to secure the heat and pressure required to manufacture large volumes of diamonds and cannot be distinguished from Natural diamonds.

The popularity of diamonds has increased since the 19th century due to increased supply, the development of cutting and polishing techniques, the growth of the global economy, and innovative and successful advertising campaigns. 2500 years ago, the first diamonds were found in India. Which symbolizes eternal beauty, wealth, and courage. Each diamond has a formula that determines its value. It consists of four elements: color, purity, cut and carat weight. This value does not last only for centuries but rises every year. Today we have an excellent opportunity to earn through these beautiful gems, by investing in them. Please communicate with our experts, so that they can help you choose the best diamond types for you.

Safe Investment:

  • Depositing liquidity into diamonds gives you confidence in the future if real estate markets, stock markets, bank failures and global currency prices fall.
  • Annual price growth of 5% to 40% for diamond investment attracts more investors for this type of investment, increasing demand for diamonds at a high level.
  • Diamonds are among the most traded commodities. Total diamond imports globally reached $ 117.4 billion in 2016.
  • Diamonds have become a safe haven for global investments.

The United States is the world's most heavily traded diamond exporter with $ 24.4 billion worth of diamond imports. While the UAE comes first in the Arab world and fifth in the world with imports worth $ 9.2 billion. The list produced by the website of the "How Much" did not mention another Arab country except Lebanon with imports worth 148 million dollars, which is much lower compared to the imports of the United Arab Emirates. Asia is the most buying continent for diamonds, accounting for 56.4% of the total diamond imports in the world, South Korea rose 4%, Europe 19.1%, Africa 2.7% and Australia 0.4%.

Trends of the Diamond Market:

Namibia, Singapore and Italy are the fastest growing markets for diamonds, with Namibia and Singapore growing more than 100%. On the other hand, the UK, UAE, Botswana and even Belgium (the historic diamond capital) markets have shrunk. Diamond imports in the UK have declined by about 75% since 2012. This was due to the decline in demand due to the trend to buy other gemstones, as well as in Dubai.

The Future of Diamond Imports The diamond industry has a history of successes based on cheap labor, high demand, tight supply and huge marketing. Although the trend towards industrial diamonds and market forces is changing the diamond industry, in the next few years the diamond market will see a new wave of diamond imports.