Brief Analysis on Future Trend of Diamond Prices

Whether diamonds are faced with hard times of low price? Most people in the industry seem to agree that diamonds are facing the trend of low price, but some commentators think that the share price of diamond may rebound. The co-founder called Dwight Anderson from Commodity hedge fund Ospraie said that a rare opportunity is hided in diamond mining shares in an interview of Bloomberg Businessweek.

"If we are looking forward to the coming year, the chain of inventory has been finished. I think the price will start to rise, and under this level, part of the stock prices will double." Anderson expressed his optimism in a television interview.

"Energy and mining stocks has declined relatively and absolutely so far, so we focus on the diamond mining industry. The Chinese suppress the strong dollar that is why the Diamond prices is going down, but we still have Dominion Diamond." Anderson said in the interview.

For diamond prices, although some people think that there is the opportunity of reverse, so far the  negative growth trend has lasted. In the first half of this year, the price is not bad, but in the second half, the falling is quite severe. Diamond analysts point out that the degree of decline is between 10% and 15%.