Wherever value investors look, assets are expensive, says Dominic Frisby. There is, however, one last hold-out where you might still be able to pick up a bargain.
Like fine wine and pricey art, huge diamonds depend on the fortunes of the super-rich, for whom all seems well.
Silver fell to a five-year low around $14 an ounce earlier this year, but now seems to be finding its feet.
The price of rough diamonds is in the doldrums, but the longer-term outlook is more encouraging.
The fall in commodity prices has moved centre stage in investors’ worries, with the pace quickening in the past few days.
After several years of gradual decline, silver prices could be due a rebound.
Silver is often written off as a cheap version of gold, but it is extremely volatile, and impossible to predict.
Weakness in the eurozone has hit the price of platinum.
Philip Manduca, executive chairman of Paragon Diamonds, talks to Kam Patel about why he thinks gold is ‘no longer fit for purpose’, leaving diamonds as the ideal investment.
The price of silver has slid along with gold. But the longer term is more promising for investors.
The price of palladium has surged to its highest level since February 2001.
The crisis is over and the economic recovery seems to be picking up speed. Does that mean the case for holding gold is finished? We wouldn’t be so hasty.
Platinum and palladium prices have soared, and there could be further to go yet.
The price of platinum may have slipped recently, but don’t write off a rally.
Silver may be cheap right now, but don’t expect a rebound anytime soon.
Platinum prices look set to recover after falling by almost a fifth in the past year.