Attention all boyfriends, girlfriends, and independent women! Some news from the energy markets — though I’m pretty sure Finance Boys trading in these markets would have seen it coming — diamond prices are set to rise at least 5% per year for the next 5 years. This is largely due to De Beers’s plans to preserve its mines by reducing diamond production over the next few years, in response to the lack of new diamond deposits around the world.
Is it already too late to get a few more? I’d head to my supplier in Chinatown, but here’s a bow ring with diamonds from Tiffany’s.