Investors Take A Shine To Pink Diamonds
DIAMONDS may have once been a girl’s best friend, but the Australian-produced pink stones have become highly sought after by investors of all stripes, led by the rise in self-managed super funds.
The annual Argyle Pink Diamond Tender, made up of millions of dollars worth of rare red, pink and blue diamonds out of Rio Tinto’s West Australian mine, will next month begin a worldwide tour of financial centres before a silent auction in October.