Canadian diamonds 5 years price review.
Diamonds as well as Canadian diamonds relative price is about 11-12% lower 5 YTD in Canadian funds or about 13-14% in US funds.
While no majour diamond discoveries were made in the past 5 years, demand for the sparkly commodity is weaker then in past years. Are diamonds loosing their lustre? 25 years ago Debeers ran adds to attract shoppers. Now days the trade is still relaying on the old momentum without new initiatives.
Canadian diamonds are a conflict free and ethical luxury.