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Online Diamond Buying Trends and Statistics

Buying diamonds is a tricky business, especially when you are buying them online. There are millions of advocates of investing in diamonds, but there is no lack of naysayers who are paranoid about the future of the diamond industry.

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Online Diamond Buying Trends and Statistics

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  1. Online Diamond Buying Trends https://www.diamondhedge.com/

  2. ABOUT Buying diamonds is a tricky business, especially when you are buying them online. There are millions of advocates of investing in diamonds, but there is no lack of naysayers who are paranoid about the future of the diamond industry. As a buyer with little information about the market, this kind of argument leaves you in a tight spot where you have to decide on your own, whether buying diamonds online is a wise choice or not. If you are planning to invest in diamonds, your best bet is to rely on trends and statistics rather than personal arguments. On paper, buying diamonds makes great sense. Think about it, they have high intrinsic value, never seem to go out of demand and last forever. Logistic is never a problem as they are small and portable that makes it easier to store them. https://www.diamondhedge.com/

  3. Why this is a good time for investing in diamonds?  As the global markets are changing, it is becoming evident that the traditional investment opportunities are no longer delivering the returns as expected. Failing markets and low-interest rates make investing in diamonds look very promising. However, we do not recommend you to invest in diamonds without ensuring that you are aware of the risks and the pitfalls. With that in mind, we researched deep into the current trends of the diamond industry to bring out the stats that will help you decide whether to buy diamonds or not. Following a period of high volatility till 2017, the diamond industry is now growing with rough diamond mining industries projecting a growth of 20% in the coming years. In light of the promising numbers, the mainstream profitability is expected to remain positive with a growth margin of 1% to 3%. This implies that if you buy diamonds, you can certainly expect the prices to go up. https://www.diamondhedge.com/

  4. Key industry trends diamond buyers must pay attention too  • The increasing influence of digital technologies • The growing presence of lab-grown diamonds Also Read: Loose Diamond Price Diamond Wholesaler Diamond Rings https://www.diamondhedge.com/

  5. Conclusion  According to experts, diamond buyers have no reason to worry as the long-term outlook for the diamond industry remains positive. The expected demand for natural diamonds is expected to grow by up to 2% annually through 2030. Furthermore, the continued growth of the middle class in two major developing economies  like India and China, projects a promising front for the increased consumption of diamonds. https://www.diamondhedge.com/

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