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Diamonds as an Investment

Gold has traditional been the preferred commodity for many investors, but now that it is down from its peak, diamonds are an attractive prospect if you’re looking for an alternative. In the last five years, one to fivecarat diamonds provided annual returns of 12 per cent and this year, global diamond prices are predicted to increase by around 10 per cent, while the price of the best gems could jump as much as 50 per cent, according to gem trading company Diamond Manufacturers. However, such claims coming from firms involved in the trade should be taken with a pinch of salt.

Independent

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