HH Everything You Need To Know About Diamond Trading

By Ankur Shah 

While some investors prefer trading in currency and commodities, others prefer diamond trading. Believe it or not, this type of trading has evolved significantly over the last decade. One of the biggest transformations diamond trading has undergone is trading floor to online platform. Not only has this added convenience, but also has opened up doors of opportunities for thousands of others. Below, you discover more information about diamond trading and how to take your skills to the next level.

Diamond

gr8effect / Pixabay

What Is Driving The Diamond Market?

As everyone knows “a diamond is a girl’s best friend.” Diamonds are always in high demand in the United States, but China has seen continued growth over the last few years. The introduction of the online platform has also boosted optimism. Today, investors can buy, sell and trade certified and uncertified diamonds right from their computer. This level of convenience and access has had a positive effect on diamond trading.

Basic Requirements

Newbies to the market must make sure their investment meets the minimum requirements, including resale liquidity, quality certification, expert guidance and quality certification, as well as market access. One of the most important things to remember is that an investment diamond should always be purchased that a price that is fairly close to the purported resell price. It is always a bad idea to buy at retail and resell at wholesale, so you will need to connect directly with a diamond expert that will be willing to give you access to international markets and dealer prices.

One of the first things you should always do is confirm the quality of the investment diamond. You can do this through an independent third-party expert and grading confirmation. It never hurts to establish a relationship with a reputable, trustworthy expert like RockHer Haute Jewels. This professional can provide you with advice about time and handle your transactions, while ensuring quality control.

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Disclosure: This article is NOT an investment recommendation,  please see our disclaimer - Get ...

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Patrick Saada 4 months ago Member's comment

Quality certification has been an uphill task in my case. I had to go through a layered preset parameter before I achieved my expertise in gemstone trading. I wish everyone luck with a pinch of hard-work backed by research on the upcoming market trends!

Alexis Renault 4 months ago Member's comment

What do you mean by a "layered preset parameter?" Can you elaborate?

Patrick Saadaa 4 months ago Member's comment

Apart from the 4Cs of quality testing, I've gained more expertise in actual proportions of a diamond, microscopic views of inclusions, smoothness ratings and the detailed measurement of the placement, alignment, and shape of diamonds. Determining clarity grade (with 10 times magnification) was another responsibility of mine. (The reset link isn't working so registered with another email-id).

Michael Molman 8 months ago Contributor's comment

If you are interested in another article on diamonds and investing in the diamond industry you should check out my article on diamonds, focuses more on the industry in general.

www.talkmarkets.com/.../investing-in-a-rapidly-changing-diamond-industry