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Polished Prices Get a Boost in December 2021

The IDEX Polished Price Index marked its biggest rise of 2021
white polished cut diamonds
Credit: Bjoern Wylezich / shutterstock.com

The IDEX Polished Price Index, published by IDEX Online, has “gone out” with a bang, marking its biggest rise of 2021 – up by 4.25% in December. In November, the polished diamond price Index rose 3%, and in October it was flat.

 

diamond prices december 2021
Credit: IDEX Online

 

Since mid-2018, the Index gradually declined to a low point in April 2020, when the first COVID-19lockdowns hit. The overall trend since then “has been upwards, with notable acceleration in the closing months of 2021,” according to IDEX Online.

 

polished diamonds prices december2021
Credit: IDEX Online

 

Month-on-month prices were up by 4.4% in December 2021. Year-on-year, prices rose 14%, “well above November’s 9.6% increase.” Polished month-on-month prices rose for all sizes, with increases of over 5% for 1.50-carat, 2.0-carat and 3.0-carat goods.

 

round diamonds price trends
Credit: IDEX Online

 

Read the full analysis here.



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