Rose cut diamond strain hits Texas diamond market
A new strain of the rare diamond strain that caused a black diamond strain in Texas is affecting diamond prices in the state, forcing retailers to scramble to sell up to 10 percent more than usual.
The strain, called the Rose Cut Diamond, was discovered in late April and has been found in at least five diamonds, including a white diamond.
The new strain, the first of its kind, affects a variety of diamonds, but it has been particularly prevalent in smaller and more expensive gems.
The spike in demand for black diamonds has caused the price of a diamond to jump by more than $10,000 to as much as $10 million per ton in some areas, according to the U.S. Geological Survey.
The Rose Cut diamond strain is rare because it can be found only in a few diamonds, so many people have tried to get their hands on them.
But the strain was also reported in some smaller diamonds that aren’t typically found in large numbers, including some diamonds that sell for $10 and up in the U!s Black Diamond Index, which tracks the prices of more than a dozen diamonds.
A sample of black diamonds found in Texas on April 26.
The most popular black diamond, the $1.5 million-rated Sterling Silver, is worth $6,000 per ton, according a report from the U,S.GS.
It is the rarest black diamond in the world.
The price of the Rose CUT diamond strain spiked nearly $10 a ton in the past few weeks, as more people started to buy up the gem.
“There is a huge demand for these diamonds,” said Dr. James R. Taylor, a professor of mining and diamond sciences at Texas A&M University, adding that many people are now buying as many as 100 diamonds a day.
The surge in demand has also prompted some diamond dealers to make big purchases of diamonds to try to fill up their inventory, as well as to sell more of the diamonds at higher prices.
“We’re seeing people buying hundreds of diamonds a week,” said Taylor, who added that demand for the diamonds was likely partly fueled by speculation over whether the strain is a one-time occurrence.
“Some people are going to get sick of seeing these big prices and they’re going to go ahead and sell up and try to get as much money as they can out of it,” he said.
The Black Diamond index tracks prices of a variety (and even more rare) diamonds including white, gold, platinum, and sapphire.
Black diamonds are typically priced around $10 billion per ton.
The rise in demand also has caused prices of smaller diamonds to rise by about $10.5 billion per day in the last year, according the UGS.
That’s the same amount of time that the Rose strain strain has been around, and the price has been higher in some places, but not others.
That spike in price has also led some diamond buyers to consider reselling their diamonds.
“If they are not going to sell, you might want to sell them to a jeweler,” said Andrew E. Jones, a marketing specialist with the company Diamond Shire of Houston, adding, “You have to be aware of what you’re getting into when you’re selling.”
While the Rose cut strain is particularly problematic for many people, it is not as bad as the Black Diamond strain.
The Diamond Shisei, a Chinese jeweler, says the strain could be the result of a bacterial infection that has led to a variety.
“You’re just waiting for a bacterial spread to get worse and worse,” said Jones.
“It’s just like a viral infection.
You have to treat it with antibiotics and get better.”
Jones says that the strain also could be caused by an increase in bacterial activity in the mine that makes up about a quarter of the Black diamond mines in China, and that the mines are still running as planned.
“The only thing we know is the infection and we don’t know when it is going to be cleared,” he added.
Diamonds sold in the United States rose $10 per ton to $1,633 per ton as of April 30, the most recent day for which data is available, according of the UBS Global Diamond Outlook, which measures the price in gold and silver as well.
The number of diamonds sold rose 1.5 percent to 5.4 billion tons.
That was nearly double the amount sold during the same time last year.
The increase in demand in diamonds also has led some to sell the diamonds to foreign buyers, such as China.
In June, the government of Singapore opened a new mine in the Gulf of Mexico to mine diamonds that were mined by foreign companies.
Some analysts said the increase in diamond demand could lead to a surge in foreign investment in the diamond industry.
But other experts said that could also lead to more problems for the U.,S.
“This is a pretty big deal for a lot of people,” said