(edahngolan.com) - Diamond industry financing has considerably declined over the last couple of years. Generally, the industry views this as unfavorable; yet, this can be debated. What is not in debate is that right now the diamond industry’s debt level is at its lowest in well over a decade. Currently, diamond industry financing is estimated at around $9 billion. According to our estimates, industry indebtedness averaged $9.7 billion in 2019, with a downward trajectory throughout the year. That includes bank-supplied credit and money supplied by other financial entities such as investment firms and insurance companies. With some fluctuations, the downward trajectory is not unique to this past year. It is a drawn-out process that goes as far back as 2011. Although money and credit supply bounced upwards in 2014, it has since withered. It hasn’t been since 2004, 15 years ago, that industry debt has been so low. This is a healthy sign, as I will show.
News
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Russian companies to increase investment in PGM exploration by 17% in 2026
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Diamond jewellery sales in India set to increase 15% - 20% on sharp rise in gold prices
Indian diamond jewellery retailers anticipate a 15% - 20% increase in sales during the 2026 festive season, driven primarily by the sharp rise in gold prices which prompts consumers to consider diamond jewellery in more affordable price range...
14 october 2026
