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What are the main reasons for the upward movement of prices in the colored Diamond market over the last 30 years?

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What are the main reasons for the upward movement of prices in the colored Diamond market over the last 30 years?

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Over the last thirty years the colored diamond market has evolved from a little known area of interest into an established form of wealth preservation and capital appreciation. The market has undergone a number of significant changes during this time period. The science of analyzing and grading colored diamonds has improved dramatically helping the general public understand the inherent rarity of specific colors and its effect on market prices. Advances in gem Laboratory techniques such as, scientific measurement of color, precision colorimetric and improved methods of verbalizing colors have immensely improved the grading of hue, intensity, lightness and other physical qualities, which has brought the recognition of colored diamonds to the forefront of the diamond markets. The retail trade has seen a surge in buying for a broad spectrum of colored diamonds, particularly yellows, cognacs, pinks and blues.

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