Seven Carat Diamond Sold in Canada
2/24/2009 9:37:03 AM Robert Parker
Even in this difficult economy, people are stilling willing to invest in something that never loses value: diamonds. In Mississauga, Ontario, a customer special-ordered a seven-carat round brilliant stunner. At Spence Diamond Jewelers, they were celebrating the opening of their new location when someone came in and made this impressive order.
According to Darin Barring, General Manager of Spence Diamonds in Mississauga, "Despite challenging economic times, a demand for larger diamonds and higher-priced jewelry remains high. Our clients are still celebrating important milestones in their lives with a piece of diamond jewelry." Diamond Jewelry is, indeed, one thing that people are willing to spend on because it is an investment.
Although the diamond market has been flooded and sales have been down, diamond jewelry still remains a sought-after commodity. With diamond mines closing down to stabilize the supply and demand ratio, the market is ensuring its own future. Diamonds have continued to have an extremely high value, although now consumers are insisting on quality and checking into diamond certifications more than ever before.
And in this small town of Mississauga, Ontario, Canada, someone is celebrating with a massive seven-carat round brilliant diamond.
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