Editor’s Note
This article examines the recent divergence in precious commodity markets, where diamond prices have fallen for two years following a post-pandemic surge, contrasting with gold’s sustained upward trend.
Market Dynamics and Price Trends
Bozen – While the price of gold has been rising for several years, another commodity has been on a downward trend for two years: diamonds. However, before this price decline, gemstones also gained significant value.
“After the COVID-19 pandemic, the price of diamonds on the world market literally exploded,”
says Hannes Ranzi, senior manager of the Ranzi jewelry store in Bozen. Prices rose sharply…