How Are Tariffs Impacting Diamond Investments?
- Rayah Levy, FCD Invest President
- May 14
- 2 min read
On April 10th, I attended the Rapaport Webinar: US Tariffs and the Jewelry Industry. There were three main points echoed throughout the meeting:
US Tariffs will reconstruct the foundations of international trade.
Trade is now a matter of national security.
Shift to “America First” attitude.
Martin Rapaport’s message to attendees was very clear: people within the diamond industry need to remember that diamonds are a luxury item. He told attendees that the only way of reaching luxury status is by sourcing quality. When discussing his thoughts on “America First,” he predicted that U.S. Diamonds will cost 10% more (they are already up almost 20% from what we have seen) and preowned U.S. Diamonds will be the best for business.
Reflecting on the Webinar and Looking Ahead
The luxury market for natural diamonds is expected to expand in tandem with the ongoing generational transfer of wealth in the US. This “Great Wealth Transfer” is anticipated to bring a new cohort of clients seeking diamonds that reflect their individual tastes and complement and expand their family collections. As a result, the industry as a whole will begin preparing for a significant shift in consumer preferences and marketing strategies in the evolving retail environment. We will also see a huge shift in the retail space raising diamond prices and marketing themselves as investment experts. The best advice we can give to our clients is to only move forward with trusted and vetted investment authorities.
Aleja Seabron, FCD Invest Executive Vice President
Please email FCD Invest at info@fcdinvest.diamonds to discuss your personalized wealth preservation strategy.
For more information on Fancy Color Diamonds and Fine Art as an investment, please visit our "Explore" page linked HERE.
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