Silver hit $31.75 today. It appears that it is at a strong support level and will be moving higher. If silver can break the $34.00 price point expect a dramatic rise in the short term.
Gold appears to be stuck in the $1620 to $1660 range. If gold breaks the $1700 support level we could see a dramatic rise in the short term. Gold is still bullish and most analysts feel it is a good value in the $1600.00 to $1650.00 range.
There has been a lot of attention paid to conflict diamonds in the recent past. While conflict diamonds have been a very big concern to the diamond industry, today 99% of the world’s diamonds are conflict free. The media tends to focus on the negative aspects of the diamond industry and it rarely brings to light some of the good that is occurring today because of diamonds.
Beautiful fancy colored diamonds are steadily growing in popularity. Natural fancy colored diamonds are very rare, extremely attractive, and tremendously expensive. Very few people have the pleasure of owning one of these brilliantly intense stones. But with modern advancements in the diamond industry, it is now possible to enhance the color of a dim or pale diamond into a radiating colored stone.
Diamond Fluorescence is a hotly debated topic among the diamond industry, because some feel strongly that it has an impact on a value of the diamond, whereas others feel that it makes very little difference on the appearance of the diamond. What diamond fluorescence refers to is the ability of the diamond to emit a soft colored glow when put under an ultraviolet light, or black light as it may be called.