Bling it - Singapore launches world's first diamond bullion

Singapore

SEVENTEEN months since the inception of the world's first exchange that enables trading in diamonds as a commodity, the Singapore Diamond Investment Exchange (SDiX) is offering investors another way to bling up their portfolios.

Its sleek credit-card sized diamond bullion, worth US$100,000 apiece for the silver casing and US$200,000 for the gold one, is produced by the Singapore Diamond Mint Company; it is the third product to be listed on the SDiX.