Australian pink diamonds catch eye of affluent amid inflation

Rio Tinto's Argyle mine closure adds extra novelty to rare gems

20231019N pink diamond

Argyle pink diamonds are especially prized for their deep hue. (Photo by Rurika Imahashi)

RURIKA IMAHASHI, Nikkei staff writer

PERTH, Australia -- Pink diamonds are gaining popularity among wealthy consumers and investors worldwide as rising inflation sparks a scramble for rare assets considered to have enduring value.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.