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Entries in China (3)

Tuesday
Jan312012

Diamond Prices will go UP!! in the next 1-5 years !! (sell all gold now!)

Diamonds may not be a girl’s best friend during the next four years thanks to rising prices. The increase is expected to surpass gold (NYSEARCA:GLD) prices.

According to analysts, with the increased spending on luxury goods in China (NYSE:FXI), India (NYSE:IFN) and the Middle East, this could outpace the supply of this high-priced gem.

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Thursday
Aug182011

GOLD JEWELRY DEMAND RISING IN INDIA AND CHINA

India and China remained strong markets for gold and gold jewelry in the second quarter of 2011, with total demand for gold up 25% and 38%, respectively. Gold jewelry consumption in India reached 139.8 tons – a 17% jump – and in China gold accounted for 55% of jewelry purchases.

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Wednesday
Jul202011

Rough price gains to slow after H1, says Petra 

Rough diamond price gains may slow in the second half of the year after surging in the first six months on rising demand from China and India, according to Johan Dippenaar, the chief executive officer of Petra Diamonds Ltd. , Bloomberg reported.

“We will probably see a six month period of consolidation while people take stock,” he said in a telephone interview today. “We’ve seen prices perform well and it’s on the back of real demand.”

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