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2008 A Good Time To Buy Diamonds??


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#1 th3p4rk2

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Posted 10 November 2008 - 09:09 AM

Hiya, I am going to India this Christmas time (2008) and I like to buy something memorable from most places I travel to.

From my last 3 holidays abroad I have brought a ring, a bracelet and an earing.

My last holiday was December 2008 to India where I brought a Diamond stud earing which I paid around £850 for,
the UK valuation for this was in the region of £2500.

I am travelling to India again this christmas and have been looking at diamond/gold prices but am not really in tune
with statistics/ the economy etc and just wondered if this is a good time to be buying diamonds?

would diamonds be cheaper because of the struggling economy and peoples resistance to buy them or are prices up
because of investors and the £ being down on the Rupee.

Thanks in advance!

Parks