13-carat pink diamond sells for $8.8m in Auction

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Diamond miners and Diamond lovers and have a new sparkly gem to ogle over. A London-listed diamond mining company Gem Diamonds (GEMD.L) declared on Thursday that it sold an amazing 13.3-carat pink diamond for nearly about $8.8m (£6.6m).

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The precious diamond auction was occurred in Antwerp which is in Belgium. The firm did not disclose the identity of the purchaser. In compression of uncoloured diamonds the Coloured diamonds have become more popular among customers in recent years, especially among younger purchasers who are looking to express their uniqueness through their gem choices.

According to the mining company they found the gem in the month of February in its mine in Lesotho, a small land-locked African that is surrounded by South Africa. Still, this is so far from the most expensive pink diamond ever sold at the auction.

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