This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Diamond Market Update (March 8, 2013)

Rough diamond prices rose in February, with increases reportedly ranging from 4 to 6 percent. However, for very large diamonds, such as those over 15 carats, prices increased by 12 percent or more. Sightholders found increased prices on the boxes at De Beers' February sight, Rapaport reported. That was also the case at BHP Billiton's (NYSE: BHP,ASX:BHP,LSE:BLT) tender.

Meanwhile, polished diamond prices have not increased accordingly. One-carat diamond prices crept up only 0.2 percent in February, according to the RapNet Diamond Index. A more significant 2.7-percent increase was seen for 0.3-carat diamonds. However, 3-carat diamond prices fell by 0.2 percent. The demand picture has shown some signs of improvement, and larger and higher-quality goods are moving better. There still seems to be a shortage of oval-shaped goods.

Also, Diamcor Mining (TSXV:DMI,OTCQX:DMIFF) announced the filing on SEDAR of its financial statements for the interim period ended December 31, 2012.

Diamond Market Update (March 8, 2013) from Diamond Investing News

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.64 0.00%
FB $118.57 0.00%
GOOG $698.21 0.00%
TSLA $241.80 0.00%
YHOO $36.53 0.00%


Chart of I:DJI
DOW 17,891.16 +117.52 0.66%
S&P 500 2,081.43 +16.13 0.78%
NASDAQ 4,817.5940 +42.2360 0.88%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs