If someone asks me if diamonds will appreciate, I will definitely answer yes without hesitation. Why are you so sure? Because the facts are in front of us, RAPAPORT quotation sheet is clearly written in black and white, and the benchmark price is increasing every year, so I have to believe it.
Let's analyze the reasons in depth, and it is not difficult to find the basis. First, diamond is a natural non-renewable mineral, which shows that the overall supply is limited, but the market demand is gradually increasing. This unbalanced market structure of supply and demand has provided the greatest internal motivation for the diamond market to maintain a stable upward trend for a long time. Second, diamonds belong to an oligopoly market. De Beers, the largest diamond group in the world, controls most of the mines and raw stone resources, and then holds a large part of the pricing power of the international diamond market. Without the manipulation of speculative hot money, diamond prices will naturally not rise and fall frequently. Third, diamonds are not consumables, unlike mobile phones and cars, because diamonds have stable physical and chemical properties. If properly maintained, diamonds can be used for a long time. Fourthly, the foreign diamond circulation market is very mature, and diamonds are listed as hard currency with the same status as gold in general mortgage loans and financing, and their value and status are much higher than gold. For example, Swiss bank and Citibank have very mature diamond repurchase business, so there is no liquidity problem.
All the above reasons can prove that diamonds do have certain investment value. But is it the same in our country?
Personally, I dare not fully agree. Any investment activity includes two basic steps, one is buying and the other is selling. Here we also analyze from these two aspects.
The first is buying, because diamonds are imported, and more are presented to the public through inlaid jewelry, which belongs to the category of luxury goods. Therefore, consumers need to pay much more than the price of the original diamond itself. And the excessive purchase price will offset more investment income, making even the best investment products lose their investment value.
The second is sales. At present, diamonds are not very mobile in China. On the one hand, domestic banks and other countries have not yet opened diamond circulation business, and diamond circulation channels are limited. On the other hand, the circulation cost is too high. For example, if it is recycled to a pawnshop, the price of a diamond that may cost 10,000 yuan is less than 4,000 yuan, not to mention that the diamond may be bought back at a price of 20,000 yuan or more from the beginning.
Based on this situation, it is not advisable to regard diamonds as short-term investment varieties. However, in the long run, the domestic diamond market will eventually be in line with the global market. In addition, diamonds have maintained a steady upward market trend for a long time, and also provided daily wear and use value. It is wise to choose high quality diamonds as far as possible within the economic tolerance.