Diamonds are a girl’s best friend, but some trading firms are hoping that diamonds can become all investors’ best friend.

According to Investment & Pensions Europe or IPE, there have been attempts over the past 30 years to commoditise the good via a futures exchange or a fund, but each has been met with their fair share of problems. 

The main issue lies in the fact that each diamond is unique and hard to price, unlike gold, which has standardised quantities and purity. But a commodity firm called Diamond Standard has managed to commoditise diamonds by grouping them into equally valued clusters. 

So how does this work exactly? On Market View, Prime Time’s finance presenter Chua Tian Tian spoke with Amelia Bourdeau, Managing Director,  Market Strategy at Diamond Standard for more. 

Diamonds are a girl’s best friend, but some trading firms are hoping that diamonds can become all investors’ best friend.
According to Investment &amp; Pensions Europe or IPE, there have been attempts over the past 30 years to commoditise the good via a futures exchange or a fund, but each has been met with their fair share of problems. 
The main issue lies in the fact that each diamond is unique and hard to price, unlike gold, which has standardised quantities and purity. But a commodity firm called Diamond Standard has managed to commoditise diamonds by grouping them into equally valued clusters. 
So how does this work exactly? On Market View, Prime Time’s finance presenter Chua Tian Tian spoke with Amelia Bourdeau, Managing Director,  Market Strategy at Diamond Standard for more.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

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