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Diamond Prices And Engagement Rings Going Higher And More Expensive?!
The answer is Yes.
A report in todays Namibia New Era Updates indicates the the the size and quality of mined diamond rough is decreasing and that diamond site holders are concerned about the long-term viability of their diamond cutting and polishing factories and retention of their skilled diamond cutters.
Diamond prices saw significant across the board price increases from half carat to the rarer high quality 2 carats and above just recently in May 2008. No doubt more price increases are on the way. Your diamond engagement ring is becoming more and more expensive!
More at this link: Diamond$ Going Up And Away!
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