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Follow on Google News | High Demand for Diamonds from Celebrities Say Stone HouseThe current demand for coloured diamonds among celebrities is growing according to international diamond investment company Stone House Global Markets.
By: John Last month at the Brit Awards in London, pop singer, songwriter Adele was seen wearing a 1.77 carat Fancy Diamond, whilst recording artist Jennifer Lopez has also been spotted wearing a 6 carat Fancy Vivid Pink Diamond; which, as it turns out, has been something of a wise investment having significantly increased in value since it was first purchased in 2003. The rise in demand for coloured diamonds has been observed by those working in the industry in recent years and now a whole host of celebrities are looking to purchase high end diamonds, both for their aesthetic beauty and investment potential. With demand growing, celebrities are even competing against one another, further increasing the market value of coloured diamonds. Diamond brokers to the stars, Stone House Global Markets, say that some celebrities, including Premier League footballers, are investing in highly valuable 15 carat Fancy Pink and Fancy Yellow diamonds. The demand is believed to be caused by investments, status symbols and the growth in popularity for diamond encrusted jewellery. As many of the world’s largest diamond mines have closed, the demand for coloured diamonds has rocketed. This has helped to push up prices, meaning that diamonds are now even more attractive to investors and anybody wishing to show off their wealth. Francis Bauer, Senior Broker at Stone House Global Markets spoke about this current trend: “We have noticed recently that more celebrities are looking to purchase high end coloured diamonds. As these diamonds are associated with wealth, celebrities are attracted to them as they know they will be seen wearing them. In addition, they are also aware that they can offer a long term and stable financial investment, ensuring a great future return.” “As a diamond investment company, Stone House Global Markets can supply celebrities with high quality diamonds as more people are investing in them as an asset, rather than simply as a fashion accessory. It’s important to remember that above all else, diamonds will grow in value and provide an excellent investment choice, whilst also having prestige within celebrity culture.” For more information on Stone House Global Markets and the services they can offer please visit their website: http://www.stonehouseglobalmarkets.com ENDS About Stone House Global Markets Stone House Global Markets are an international diamond investment company based in the City of London. With their team of experienced individuals they offer clients the chance to develop unique portfolios and generate a return on investment for standard traditional and coloured diamonds. For more information visit the website - http://www.stonehouseglobalmarkets.com End
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