The Diamond Gemstone Market

As mentioned above, diamond gemstones stiii remain the major use of diamond in monetary terms in a market tightiy controiied by a woridwide cartei dominated by the de Beers organization of South Africa. ] Some maintain that the cartei keeps the cost of gemstones at an artificiaiiy high ievei and that the supply is abundant. Control of the price of industrial diamond is not quite as obvious. 

The competition from high-pressure synthetic gemstones is a possibility. Gem-quality synthetic crystals up to fifteen carats are regularly produced but at this time they are at least as expensive as the natural ones. 

A special case is blue diamond which is obtained by adding boron to the metal catalyst and could be sold profitably in competition with the rare and expensive natural stones. Butsynth csfaceapsychologicalbanierfromthe very factthat they are synthetic, although indistinguishable from the natural.1 1 Also the tight rein of the cartel Eind the possibility of dumping is eilways present. 

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