Wholesale loose diamonds are purchased for both jewellery and art purposes, as well as investments. With the internet, global trade has become standardized, and among the first things to become easier to buy with e Commerce were precious metals, gemstones, and loose diamonds. Jewellery may be a big part of online shopping, but people often tend to know little about the large trade of loose gemstones which is by far more complex.
Here are 5 tips to buy wholesale loose diamonds online from merchants across the world –
1 – Source of the Stone
Wholesale loose diamonds, whether tiny 1/4 Carat stones or a huge 30 Carat gemstone being purchased to be set onto a Solitaire engagement ring are only worth their value when they are naturally mined. Natural diamonds are mined in South Africa, Australia, Brazil, America, and only a few other countries. Most diamonds being sold in the market however is processed in India, specifically the city of Surat in Gujarat, which has historically been a center for diamond trading since ancient times.
2 – Certification Authority
The Gemological Institute of America (GIA) is the largest and most recognized Certification Authority for grading diamonds; but others include International Gemological Institute (IGI), Hoge Raad voor Diamant (HRD Antwerp), Asian Institute of Gemological Sciences (AIGS), and Gemmology Institute of Southern Africa. Be sure that you purchase wholesale loose diamonds only after proper certification by the right authorities.
3 – Prices and Fluctuations
Internationally, the price for loose diamonds are set on a daily basis like other precious metals and materials like Gold, Silver, and Foreign Exchange; but they are much more stable than other commodities. The reason that wholesale loose diamonds are most popular among investors is because they have a stable market value, and only rarely ever fluctuate with changes in the economy or market crashes. In fact, diamonds and gemstones are often used by investors as a secure asset in times of crisis!
4 – Jewellery and Loose Diamonds
Wholesale loose diamonds for jewellery is traded across the world, and much of that is via online purchases. Investors prefer to buy large stones above 10 or 20 Carats for a more stable valuation, while jewellers and artisans mostly purchase smaller stones. Very large stones for Jewellery are prized gemstones, and these diamonds are usually auctioned for the best price.
5 – Merchants Across the World
With the arrival of eCommerce, wholesale loose diamonds are not only easier to buy, but consumers can access the biggest diamond merchants directly. While investors previously had to look for a genuine source for large stones and reliable jewellers; online trading in loose diamonds has made it easier and much more reliable for the vast consumer market to trade diamonds at amazing prices.