It is now time to consider diamonds as viable alternative investments that represent both the beauty and resilience of “hard” assets, especially in periods of economic downturn.
The Resilience Of Hard Assets: Diamonds
All posts tagged: COVID-19
Beat Inflation, Invest in Luxury Assets
In these contemporary circumstances, alternative assets, especially diamonds, are proving to be a better choice to hedge against inflation.
A New Asset Class Emerges
Fancy colored diamonds have increased in popularity in the last decade, leading the large auction houses to realize some of their largest gains on the back of record-breaking sales.
Hermes Shares Rally as Luxury Sector Defies Retail Gloom
The rich keep spending. Luxury goods maker Hermes International’s stock soared Friday after the company reported sharply higher profit and revenue despite global recession fears.
Rio Tinto unveils rare diamonds as Argyle nears end
Rio Tinto has showcased its rare pink, red, violet and blue diamonds from the Argyle mine in Western Australia virtually to a group of collectors, connoisseurs and luxury jewellery houses.