That’s why the diamond jewelry industry should heed his warning that consumers may be reaching a breaking point when it comes to diamond prices. With over 20 years tracking the diamond industry’s ebb and flow, Golan has an uncanny knack to see what lays over the horizon. Thus, they bought with added zest,” Golan explained.
“In the last couple of months, retailers felt that their inventories were low. Worries about the future availability of polished stones has led jewelry brands and retailers to stock up on supplies especially as they see post-pandemic demand for diamond jewelry soaring. But in its latest report, De Beers warned that India has reduced capacity in cutting and polishing operations and there is a backlog in polished diamond grading in “key markets.” Through the first half of 2021 De Beers reported sales of 19.2 million carats of rough diamonds, exceeding rough diamond sales from same period 2019 (15.5 million) and 2018 (17.8 million). While there are plenty of rough diamonds to go around, supplies of polished stones are at a premium. The past decade was a tough one for the diamond industry. He explained, “The diamond midstream hasn’t seen extended price hikes since the first half of 2011. The recent increase in polished stone prices which reached a 33-month record high in May came as welcome news to diamond traders and jewelers who can charge more for their goods. “However, concerns are starting to creep in that this slingshot trajectory is reaching its apex and that we are facing a diamond price bubble.” “Polished diamond prices are on a near year-long rally, rising more than 18% since last July when they hit a record low,” he reported. He foresees challenges ahead in the diamond jewelry market, hinging on the escalating price of wholesale polished diamonds and early signs that consumers’ recent exuberance may be starting to wane. “It is a testament of the vitality and lasting emotional, as well as aesthetic value of diamonds in the eyes of consumers, “ Golan said, but cautions it is still early days. Out of the gate, the diamond jewelry industry’s recovery is great news. “Clearly, consumers want more, bigger, and even pricier diamonds,” Golan reported.
In the meantime, the September games - Batman: Arkham Knight and Darksiders 3 - are still available.The recent increase in carat price is adding tailwinds to the diamond jewelry market as Golan’s research firm found the average size of a set diamond increased from 1.06 carats to 1.22 carats in the last two months.
#HORIZON DIAMOND FREE 2019 PLUS#
21, 2020.īoth The Last of Us Remastered and MLB The Show 19 will be available free on PlayStation Plus from Oct. It’s a great time to revisit a modern classic, since the studio also announced Tuesday that the sequel, The Last of Us Part 2, is scheduled to be released Feb.
#HORIZON DIAMOND FREE 2019 PS4#
The post-apocalyptic action game debuted on PlayStation 3 in June 2013, and Naughty Dog ported it to PS4 in July 2014. The other free game for October is Naughty Dog’s The Last of Us Remastered.
#HORIZON DIAMOND FREE 2019 SERIES#
It will be the first time that the MLB The Show series has been available via the subscription service, and Sony is offering free in-game content to anyone for anyone who logs in during the month of October: five free packs for the trading card mode, Diamond Dynasty, including a guaranteed Diamond-level player. Now, PlayStation Plus customers will be able to walk out onto the field just as MLB postseason action kicks into gear. MLB The Show is developed by SIE San Diego Studio, which releases a new iteration of the simulation baseball game just before the regular season every March.
October’s lineup of free games for PlayStation Plus subscribers consists of a game featuring actual lineups, MLB The Show 19, and the PlayStation 4 remaster of The Last of Us, Sony announced Tuesday during its State of Play show.
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