Shop Diamond Jewelry Gifts for Mother’s Day
Why should you get your Mom diamond jewelry for Mother’s Day? Diamonds are appreciated for their clarity and brilliance. In much the same way, great mothers offer their children clarity…
PriceScope reports on diamond prices on a monthly basis. All through the past six months of 2021, we have seen a positive increase in the average price of round diamonds, the diamond market seems to have recovered which has left us feeling optimistic for the season ahead of us. Let’s take a closer look at the top five most popular diamond shapes on the market and the average price of round diamonds for July 2021.
POPULAR DIAMOND SHAPES
Round diamonds continue to be the most popular shape of diamond on the market although decreasing in popularity in the past three months. Round diamonds only consume 67.28 percent in popularity. This is the lowest in popularity (%) that round diamonds have been this year. Princess has decreased in popularity from second to third place in the past month. Cushion is back in second place. Emerald and Oval remain in fourth and fifth place.
DIAMOND PRICE CHARTS FOR ROUND DIAMONDS
The table below gives you the rundown and details of the changes for the last three months (05/01/2021 – 07/01/2021).
| Diamond Price Changes from 5/1/2021 to 7/1/2021 | |||
| Diamond Carat Sizes | 5/1/2021 | 6/1/2021 | 7/1/2021 |
| 0.0 – 0.5 | -2 % ↓ | 1 % ↑ | 3 % ↑ |
| 0.5 – 1.0 | -1 % ↓ | 0 % | 3 % ↑ |
| 1.0 – 2.0 | 0 % | 2 % ↑ | 3 % ↑ |
| 2.0 – 3.0 | 1 % ↑ | 1 % ↑ | 2 % ↑ |
| 3.0 – 4.0 | 0 % | 2 % ↑ | 1 % ↑ |
| 4.0 – 99 | 1 % ↑ | 2 % ↑ | 2 % ↑ |
This July the average price per carat for a round diamond of 1 – 1.4 carat G color VS1 clarity is $8,350 compared to June 2021 which was an average price of $8,205. The average price per carat for round diamonds continues to increase due to high demand and supply shortages.
The current average and lowest prices per carat are shown in PriceScope’s diamond price charts by carat and their corresponding color and clarity.
We advise consumers to keep in mind that cut quality and vendor services such as upgrades and returns can make a significant difference in the price point when shopping for loose diamonds.
PriceScope has been collecting retail diamond prices since 2007 of over 500,000 diamonds. PriceScope diamond price chart page shows the full diamond price charts for rounds and other fancy shapes. We update the diamond prices on a monthly basis. Keep an eye out for August’s diamond prices.
The increase in diamond prices has left us feeling optimistic for the rest of the year ahead. However, industry experts are concerned that we’re headed into a potential diamond price bubble. Bear in mind that the average price of round diamonds has increased by a staggering 18 percent since July 2020 (when the industry hit its all-time low). What could the future of diamond prices look like? As COVID-19 cases begin to decrease in India, could the increase in supply also decrease the average price of diamonds? Only time will tell.
We would like to hear your thoughts on the current state of the diamond market – Click the comments button below.
Latest Publications on Diamond Prices July 2021:
Rapaport:
The diamond industry is in its healthiest state in over a decade, but it will need to be proactive if it wants to maintain that progress.
Diamond Prices Firm Amid Optimistic Outlook
Robust retail sales are driving positive sentiment in the diamond market. Polished prices continue their upward momentum even as inventory levels gradually rise in some sizes.
Belgium Diamond Trade Continues Recovery
Belgium’s polished-diamond exports more than doubled year on year to $555 million in May as the country’s trade bounced back from last year’s pandemic-induced slump. A sharp rise in export volume outweighed a drop in the average price per carat, according to recent data from the Antwerp World Diamond Centre (AWDC).
Rapaport Weekly Market Comment
Strong US market driving short-term confidence. Polished prices continue upward momentum with good demand and supply shortages.
IDEX:
Increase in IDEX Polished Price Index Accelerates in June
The IDEX Polished Price Index was up 2.20 percent in June, as the rate of recovery speeds up and exceptional consumer spending shows no sign of slowing down. This inevitably fuels fears of a bubble that might, at some point, burst.
Edahn Golen:
Are We Heading Towards a Diamond Price Bubble?
Polished diamond prices are on a near year-long rally, rising more than 18% since last July when they hit a record low. This is great news for a languishing diamond trade that hasn’t seen extended price hikes in a decade. However, concerns are starting to creep in that this slingshot trajectory is reaching its apex and that we are facing a diamond price bubble.
Forbes:
Sotheby’s To Accept Crypto For 101-Carat D-Flawless Diamond
The rarity of a D-color, flawless diamond of more than 100 carats is being surpassed by the novel way Sotheby’s auction house will accept payment for such a gem.
