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The Billion Dollar Business of Diamonds, From Mining to Retail | |
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August 27, 2012 Diamonds. For thousands of years, they have been believed to bring good luck (and bad luck!) — health, wealth, and protection against most of the ills that can befall mankind. They are also a billion dollar business, although compared to the gold business, the diamond industry is small. The worldwide retail market for diamond jewelry was $60 billion in 2010. Like the gold business, the diamond business is segmented into several groups: Source: http://www.cnbc.com/id/48782968?__source=RSS*tag*&par=RSS |
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