Anyone wanting to invest in diamonds has a few options through which to do so – stocks, funds or the stones themselves.
With equities, miner Rio Tinto (RIO), jewelry seller Tiffany (TIF) and online diamond merchant Blue Nile (NILE) are well-known names in the diamond arena. Funds such as JP Morgan Global Natural Resources and First State Global Resources have some exposure to diamonds, while an exchange-traded fund, the Gem Shares Physical Diamond Trust, may be arriving soon. More exotic prospects include the U.K.'s Pink Iguana Enterprise Investment Scheme.
But setting aside these alternatives, the most direct way to try and profit is to buy the diamonds directly. However, such a decision clearly can be intimidating for novice diamond purchasers. Along with questions about the pricing, a prospective buyer also would want to know about the origin of a given diamond, the expertise of a jeweler who's selling it, and how it measures up in terms of the "C's" – clarity, cut, carat weight andRead More »from Diamonds - An Investor's Best Friend?