Plan your diamond shopping with SPI
How much time are we ready to invest while buying diamond jewellery? Of course, it depends on the occasion we’re buying it for. There’s one thing that’s common here, though; you cannot compromise on the quality. If you have to plan your diamond shopping, how would you do it? No matter how fancy or plain the occasion is, we want to get our hands on the best diamonds.
That would obviously mean planning the expenses well in advance. If there’s is a special occasion a few months later, you would want to immediately go shopping. But suppose, you could refer to an index for diamond prices, wouldn’t you choose to go at your leisure? Diamond shopping may not be just about the pricing but some help makes it worth your while!
Always begin with diamond education
Diamond education is a vast field of study. As a consumer, you might not know every little detail about diamonds. But the basics are a must. Every time you go to your diamond jeweller, there is something you can learn. Since you don’t buy the same kind of solitaire jewellery during each shopping trip, it’s always a new experience.
Buying a pair of solitaire earrings is not the same as buying a solitaire ring. Reading a little about the 4Cs of diamonds (cut, clarity, colour and carat) goes a long way in helping you.
It will guide you especially when you need to decide how to match the diamond with the right kind of jewellery.
For example, if you buy jewellery studded with melee diamonds, you should focus on the cut quality. In the case of a solitaire pendant, you’ll have to take care of the clarity and colour as well. The bigger a diamond, the more the colour and clarity are visible. Moreover, the cost of diamond jewellery is not the same as solitaire jewellery. Educating yourself about diamonds will make these basic concepts clear.
Plan your diamond shopping with an apt pricing tool
The downside of the diamond industry is the lack of transparent pricing. Most places you buy diamond jewellery from will have hidden prices. That is risky especially when you’re buying more than one piece of diamond jewellery. You will end up paying more than you have planned. Some of us might justify this by saying that diamonds are naturally expensive, but don’t be fooled!
Diamond prices could be fluctuating often but that doesn’t mean that you shouldn’t know the right price. Divine Solitaires has its own diamond index, the Solitaire Price Index, which is based on the brand’s price list. Each month, the SPI reveals the average price of the brand’s diamonds. It also helps consumers track the changing diamond price trend.
Being able to take note of the diamond price trends would also mean that they are a reliable asset. So even if you buy diamond jewellery to adorn yourself today, someday they will prove to be more beneficial. It is not always necessary that diamond prices will appreciate. But the whole point of referring to the SPI is to understand how the pricing works.
The advantage here is that you can postpone or advance your diamond shopping trip according to the price trend. To make it easier for consumers, the SPI is also easily accessible on the Divine Solitaires digital platform.
The diamond industry has a long way to go as far as price transparency is concerned. So much so that …