A good time to buy diamonds

Diamonds have had a good year so far. The prices big mining groups charge for rough diamonds rose by an average of 7% in the first half of 2014. And the long-term outlook is bullish. Production has stalled in recent years, after dropping from a record 180 million carats in 2005.

There has not been a major diamond mine discovery since the late 1990s, which implies that supplies will start dwindling in 2018, reckons Bain, a global management consultancy. Demand should grow by around 5% a year over the next decade.

America remains the biggest diamond market. It accounts for [...]

MoneyWeek magazine

Latest issue:

Magazine cover
Paying by mobile

Why your phone will replace your wallet

The UK's best-selling financial magazine. Take a FREE trial today.
Claim 4 FREE Issues
Shale gas 'fracking' promises to transform Britain's energy market. Find out what it is, what it means, and how to invest.

Which investment platform?

When it comes to buying shares and funds, there are several investment platforms and brokers to choose from. They all offer various fee structures to suit individual investing habits.
Find out which one is best for you.