Diamonds – How are they shaping up?

For auction watchers, diamonds continue to grab the headlines for their astronomical prices. Last year, alone, the 228 carat Rock, the largest white diamond to appear at auction fetched $1.9 million USD, while the 303.10 carat Golden Canary sold for $12.4 million USD. Not to be outdone, the 11.15 carat fancy vivid pink Williamson Pink Star sold for a whopping $57.7 million USD (more than $5 million USD per carat), setting the record price per carat for any gemstone. As we descend back to Earth, JW takes a look at how diamonds are shaping up in today’s jewellery market.