Do Diamonds Lose Their Value over Time?

Do Diamonds Lose Their Value over Time?

Perhaps, it’s the first time you have landed on the Brilliant Earth. This is the home of all diamond jewelry pieces made from the laboratory made diamonds and others from the real gem. You are looking for diamond jewelry – may be a ring and some other accessories to complement the beauty of your wife. Nonetheless, you are unsure whether it is a good investment as you do not want chances with buying a gem that will depreciate in the future. This article will help you debunk all the myths you have heard about diamonds.
Price Volatility
Given that diamonds are rare products, their prices fluctuate slightly. In some cases, the price may go higher or it may decrease. For instance, the price of diamonds between 2005 and 2013 increased by 33%; this margin is minimal comparing the prices of other precious stones, but it proves that diamond cost is relatively stable.
Price Flux
De Beers monopolizes the diamond industry. If they realize the prices are depreciating, they inject more rough background. Therefore, diamonds gems do depreciate. All the same, you should know that your diamond gem is a symbol of love as opposed to an investment option. Therefore, you should not worry much about price variation.
Diamond Type
The type of diamond you purchase determines whether it will appreciate or depreciate. The main factors that influence the value of diamond include the cut, clarity, carat, and color. In case you intend to buy a diamond that would gain value in the future, you may need to inform Brilliant Earth in advance. The platform has lab experts who make investment diamonds. What is more, the site will sell you the authentic diamonds that will not fail you. Make sure your real diamond has a certificate because both laboratory-made diamonds and those mined underground have the same qualities. A human-made diamond will not appreciate, but the real one will.
Conclusion
Drawing on this discussion, you now understand that some types of diamonds will lose value in the future. However, there are specific cuts, colors, and sizes that will appreciate. Therefore, you have to decide whether you want investment diamond or just fancy jewelry to please your spouse. This will allow you to explore various options available including the fake diamonds made in the laboratory. They look exactly like the real gemstone, but cost a fraction of diamond’s price.

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