The colored diamond market also has the advantage of being in the hands of wealthier buyers who are certainly not immune but will generally be less affected by the impending economic slowdown.  This is evidenced by the strong sales at the auctions so far this year in New York and Hong Kong as well as the Argyle pink diamond tender, where all the pieces were sold and the entire sale was oversubscribed.

Pastor Geneve will be quite busy in the coming months as we approach the busy Christmas and holiday season.  Pastor Geneve will be publishing several reports on the market in the coming months to keep our clients informed of market activity, including a recent report on the auction market along with a new colored diamond chronicle on vivid yellow diamonds.