Gold & Diamond Market Update: 2026
New URL, same blog. It’s been a while since I’ve posted and I was surprised to see that my last post in April of 2025 was about $3,000 gold. Now it’s been floating at $4500 per ounce! It even went to $5,500 earlier in the year. The same economic factors that caused metals to spike […]
$3000 Gold, Are You Kidding Me?
Back in February 2020, in the very beginning of the COVID-19 pandemic, I reported on gold reaching new highs at $1,600 an ounce. Today, it’s well over $3,000 per ounce. Almost double 2020 highs. What’s causing this? The number one reason is inflation. When inflation rises, as it has lately, tangible assets like gold (and […]
Diamond Market Report 2024
I skipped 2023’s diamond market report. Let’s sum up 2023’s diamond market with one word…SOFT. What is there to report this year? Diamonds have taken a hit in the last two years. Lab Grown Diamonds (LGD) took a lot of market share from naturals. So much that .25 – 1.50 carat diamonds have suffered in […]
Diamond Market Report 2022
I can’t believe my last diamond market report was in 2015. Where did the time go? COVID, getting lost in transactions, trying to keep things going here, opening a new office in Richmond, we’ve been busy. The diamond market has been pretty volatile the past few years, below are my thoughts: How have Lab Grown […]
Is This Another Gold Rush?
Gold soared past $1600 an ounce yesterday, making it the highest since 2013. Can you say #coronavirus? So what does this mean for the future of gold, silver, and other metal prices? We can try and draw comparisons to the run of 2011, when gold climbed to an all time high over $1900 an ounce, […]
Man Made, Lab Grown, Synthetic Diamonds
The newest substitute for natural diamonds are now man made or lab grown diamonds. Unlike CZ’s and Synthetic Moissanite, these diamonds actually have the chemical composition of a natural diamond, and can be grown anywhere, like California or Washington DC. Perhaps the most well known startup, Diamond Foundry, is backed by Hollywood bigwigs like Leonardo […]
Diamond Market Report 2015
I would be lying if I were to say that 2015 was a banner year in the diamond market. Let’s be honest, it was rough out there. The FORMER monopoly of Debeers didn’t heed the call of the market and continued to raise prices at their sales. What ended up happening was that a majority […]
The Meaning of “Mazal” In The Diamond Business
After reading an article in New York Magazine titled “The Secret Slang of the Diamond Diamond District,” I thought that this would be a good opportunity to write a blog post about the most important term in the diamond business, MAZL,(or mazel or mazal) and what it means. Also, I wanted to explain that this […]
Jewelry Market Report 2014
Each year I give a Diamond Market Report where I explain what’s happening in the diamond world and where I think market trends and prices will be. As I read over my report for 2013 it seems that 2014 was a very similar year with all trends continuing on the same path. Colored and larger […]
Role Reversal: Jewelry E-tailers Now Trying Brick and Mortar
A recent article in National Jeweler magazine, “Blue Nile Now Displaying It’s Rings In A Store,” discusses how Blue Nile, the biggest and baddest online diamond seller, is now showcasing their rings at Nordstrom in Seattle, where both companies are headquartered. I’m sure Blue Nile wants to get their name out a little more and […]
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