MELBOURNE/NEW DELHI: diamond prices are poised to rise for the next four years, outpacing gold, as increased spending on luxury goods in China, India and the Middle East outpaces supplies of the precious stone, analysts said. The average price of rough ...

The two countries, and the Middle East, will account for 40% of global diamond consumption by 2015, up from about 8% in 2005, according to Anglo American Plc, which controls De Beers, the world's largest diamond miner. ?We expect emerging nations, ...

The demand for rough diamonds has remained robust globally in the recent quarters while supply has remained restricted and intermittent leading to a sharp increase in global rough diamond prices. Further, Indian diamond processors have been facing a ...

From rough diamond prices and multi-million dollar thefts to tax raids and terrorist attacks in Mumbai, the one odd entry to this year's list of most read news stories, is the one that has to do with Oprah Winfrey. Topping the list is a revealing guest ...

Petra Diamonds reported that its revenue for the period July to December 2011 was $23 million below expectations due to declining rough diamond prices. Petra warned that global economic uncertainty may continue to cause volatility in rough diamond ...

According to Saul Singer of Fusion Alternatives, a boutique investment advisory and trading firm specializing in investment-grade polished diamonds, diamond prices are up 20% YTD, having spiked almost 30% in the first seven months. ...

(The opinions expressed in this article represent the views of PolishedPrices, an independent news and price list provider to the diamond industry and should not be seen as reflecting the Views of Reuters) With the polished diamond markets quietening ...

To help protect rough diamond prices in the period, Alrosa sold more of its goods to long-term clients. Diamond production in the quarter totaled 6.9 million carats, indicating that a large percentage of sales were of stocked goods. ...

As stated within the FY 2011 Results, the US Dollar prices achieved by Petra from its rough diamond sales rose steadily from October 2010 to 30 June 2011. However, since July 2011, Petra (and the industry) has seen rough diamond prices adjust downwards ...

diamond prices are set to increase, especially in the luxury market, due to anticipated shortfall in supply that would not meet demand according to findings from a study from Bain & Co. Diamond demand will far outpace the annual 2.8 per cent supply ...