"Diamonds international auction record price in 2010 illustrates the growing trend among the HNWIs in the world to see large diamonds as an investment alternative safe and strong growth," said the report. "The current request at the top of range of the market seems to be in large part of the Russia and the Middle East, but demand from Chinese and other investors in the Asia-Pacific is also growing rapidly," she added.
Diamonds are considered easy means for the transportation of wealth because they are small and precious.
This trend makes sense that a high proportion of the increase in the HNWI between 2007 and 2010 was in the Middle East. The number of super rich in the region increased by 10 4pc, wealth report, said, with only Africa, given the greater growth, 11 1pc for three years.
The number of super rich grew by 8 FP6 in the United States in the period and 6 3pc in Europe.
However, although sharp rises in prices could cause some of the world to think twice about splashes, HNWI there is no doubt that prices are likely to remain high for some time - or even to reach much higher levels.
Supply remains very tight. According to a study of the Canada (RBC) Royal Bank, the world's supply of rough diamonds decreases since 2006, reflecting aging of some larger mines of the world and a lack of significant new production being match up to.
"Partly the scarcity of new projects reflects a surplus of diamonds in the 1990s, which discouraged exploration and the recent financial crisis that saw the recovery of exploration budgets significantly, so that even the majors have been trimming expenses of exploration," said Des Kilalea of RBC. "De Beers, for example, used to pass about 100 m $-150$ m (62 m £-£ 93 m) annually on exploration and development and password now less than a third, with $43.". 3 M in 2010 on the programmes in Angola, Botswana, Canada, India, South Africa, "noted."
The demand for diamonds is likely to continue to strengthen, fueled by the gentrification of Asia and the growing prosperity in the Middle East. Traditional markets such as the United States and the UK will also retrieve.
According to de Beers estimates, there was a significant change in the market of the diamond between 2000 and 2010.
At the turn of the century, the United States market represents sales of diamond jewellery 48pc, but this tomb to 38pc by 2010. India represents a statistically insignificant proportion of sales in 2000 - but by 2010, it absorbed 10pc sales.
RBC expects that China will be on 20pc of the world market over the next five to seven years, until of 11pc in 2010. According to De Beers, the diamond jewelry India demand increased 31pc last year and China increased by 25pc.
Therefore, although there are fears that prices will decline the request, the Outlook for diamond producers examines overall enough sparkling.
Products have flourished across in the last week, as the Greek vote for risky mode active austerity measures.
"The Greek"Yes"vote brought sighs of relief and risk reinvigorated the feeling of the market through various asset classes." The vote had wind of precious of refuge, but has been largely good for industrial metals, said Nick Moore RBS.
Base metals were the big winners, with experts saying that copper and aluminum should see the price increases this year. Copper acquired 3pc after the vote Greek and is now $9 400 tonne.
"Now that the worst of the uncertainty surrounding the Greece has been dispelled, market participants should begin to focus on the fundamentals again."
"Copper has always the fundamental best of all metals, and we see the price remaining well supported," according to Commerzbank analysts.
However, poor manufacturing data of China introduced a break for the rally Friday base metals.
The weakness of the dollar, which makes products cheaper for holders of other currencies, provided support. But figures showing Index (PMI Purchasing Managers China ') for June fell to 52 in may 50.9 dampened optimism earlier in the week.
The price of oil has been volatile since the international agency energy said it would release 60 million barrels of reserves for emergency on the market.
The price of crude oil Brent fell from $ 114 to $ 108 after the move, designed to dampen prices. It thereafter up to $112 and then fell $2 Friday at a little under $ 110 per barrel.
Analysts said the sharp fall in US stocks as major reasons why oil prices ended the week higher.
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