Futures in diamonds

Futures in diamonds refer to contracts that allow investors to buy or sell diamonds at a predetermined price on a future date. This financial tool helps manage risk and speculate on price changes in the diamond market. Just like commodities like gold or oil, diamonds can be traded through futures, providing a way for investors to hedge against market fluctuations. By using futures, buyers can secure a price for diamonds they wish to purchase later, while sellers can lock in a price for their diamonds, offering predictability in a market known for its volatility.