Diamond Prices News Roundup – August 2012
Pricescope members can also track retail price changes with our new Diamond Price Alerts feature. Visit New Pricescope Diamond Search Features: Price Alerts to learn more.
Retail Diamond Price Percentages for August 2012
0 to 0.5 carat: no change
0.5 to 1.0 carat: – 1%
1.0 to 2.0 carats: – 1%
2.0 to 3.0 carats: no change
3.0 to 4.0 carats: + 1%
4.0 to 99 carats: + 2%
The Pricescope diamond price chart illustrates a 1% decrease in retail prices for diamonds of 0.5 to 2.0 carats, a 1% increase for 3.0 to 4.0 carats, and a 2% increase for diamonds of 4.0 to 99 carats. There were no price changes for diamonds of 0 to 0.5 and 2.0 to 3.0 carats. Pricescope has been charting retail diamond prices since 2007.
Global polished diamond prices continued to decline in August, falling 2.0 percent compared to July and 8.5 percent year-over-year, according to the IDEX Online Polished Diamond Price Index.
Certified polished diamond prices were relatively stable in August, easing the steep declines witnessed in previous months.
Diamond price weakness continued through the traditionally quiet month of August when many offices are closed for the summer holidays.
De Beers lowered its prices for diamonds at the Diamond Trading Company sight last week, Rough and Polished reports.