As Diamond Jubilee weekend distracts investors from a tumbling stock market, could they consider diamonds as a possible safe haven?
When times are uncertain, investing in portable wealth such as gold or diamonds can prove attractive, says Andrew Cheney, specialist adviser at Hiscox, the insurers.
He says: "If people have money in a bank or building society earning not much of a return and they are concerned about the financial system anyway, they are thinking 'why not buy some jewellery which I can enjoy wearing and which is likely to go up in value?'"
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