Pricescope data shows that retail diamond prices decreased for 0.5 to 1.0, 3.0 to 4.0, and 4.0 to 99 carat stones during the month of February, while prices for all other listed carat weights remained stable. Retail diamond price changes are based on Pricescope’s database of over 450,000 diamonds from retail stores.
Certified polished diamond prices held steady in February as U.S. markets and improved Far East consumer confidence have helped spur strong demand for mid-quality VS-SI, triple EX diamonds.
During the month of February, the average price of polished diamond prices increased 1.8 percent, with most of the gain taking place in the last week of the month, according to the IDEX Online Polished Diamond Price Index.
The most recent De Beers sight closed with an estimated value of $550 million as the company adjusted assortments to reflect higher values in its boxes.
More than 3,300 exhibitors from 49 countries and regions, a new exhibitor record, are taking part in the 30th HKTDC Hong Kong International Jewellery Show, which opened today and continues through 9 March at the Hong Kong Convention and Exhibition Centre (HKCEC).