MoneyWeek

Will diamonds keep shining?

Diamond prices are surging. Lockdowns caused a glut as couples delayed engagements and jewellery shops closed. That surplus is now turning into a. Yet investors won’t be getting too excited. Diamonds may be “a girl’s best friend”, as Marilyn Monroe once sang, but they have been a “nightmare” for mining companies.

You’re reading a preview, subscribe to read more.

More from MoneyWeek

MoneyWeek2 min read
Property
Glenmead, Marlow, Buckinghamshire. A Georgian revival villa in landscaped gardens that include an all-weather tennis court and tennis pavilion, and river frontage with a mooring on the River Thames. It has open fireplaces and a kitchen with handmade
MoneyWeek2 min read
How My Tips Have Fared
It has not been a successful fortnight for my ten long tips, with six falling and only four appreciating. Investment and share-trading platform IG Group rose from 788p to 829p, while General Motors accelerated from $47.57 to $48.11. Rolls-Royce Holdi
MoneyWeek2 min read
J Sainsbury Boots Its Bank
The new CEO of NatWest has made his “first big strategic bet”, says Ben Martin in The Times, with NatWest set to acquire most of Sainsbury’s banking operations. As well as receiving £125m from the supermarket to take the bank off its hands, the move

Related Books & Audiobooks