According to the most recent polished diamond index, published by polishedprices, the overall index edged upwards. On Monday August 6, the polishedprices index stood at 119.6; one week later, on Monday August 13, the polishedprices index stood at 119.9.
According to the website, the polishedprices index opened this Monday at 119.9 points – up 0.3% compared with the previous week. The overall index is 2.1% above its level of this time last year, and has gained 3.4% since the start of the year. The strongest category over the past week came came from “the better quality 1.0 carat ranges, with Fine and Commercial gaining 2.5% and 2.0% respectively”. The worst performing category was the Commercial 0.5 carat range, which slipped 1.5%, compared to the previous Monday.
Polishedprices, which went live in 2002, provides wholesale transaction-based polished diamond prices, indices, independent market reporting and opinions.
See the full report here.
