Diamond Prices News Roundup – December 2012
Retail diamond prices remained stable in December, as Pricescope tracked modest increases for 0 to 1.0-carat diamonds and no changes for all other carat weights. Retail diamond price changes are based on Pricescope’s database of over 450,000 diamonds from retail stores.
Both Rapaport and Idex reported an overall price decline for certified polished diamonds in 2012. Click on the news links below to learn more about 2012 diamond price trends.
Retail Diamond Price Changes for December 2012
0 to 0.5 carat: + 2%
0.5 to 1.0 carat: + 1%
1.0 to 2.0 carats: no change
2.0 to 3.0 carats: no change
3.0 to 4.0 carats: no change
4.0 to 99 carats: no change
Pricescope has been charting retail diamond prices since 2007.
Diamond prices stabilize in December easing sharp declines for the year: 2012 RapNet Diamond Index (RAPI™) for 1ct. -12.5%, 0.3ct. -7.4%, 0.50ct. -11.1%, 3ct. -11.6%, Rapaport Melee Index (RMI™) +2.3%.
There was finally, an upsurge in demand for polished from buyers and retailers as the holiday season moved into full swing.
Certified polished diamond prices fell in 2012 as global economic weakness slowed growth in China and poor government policy fueled further declines in India.
IDEX Online Research: Polished Prices Head Down in 2012, 1 Ct -7%
The IDEX Online Polished Diamond Price Index closed 2012 at 134.7, down from 139.2 on January 1 as overall diamond prices declined during the year.
Talk of imminent diamond price increases are “premature,” according to Rapaport Corp.’s January 2013 research report, “Questionable Stability.”
Diamantaires in Surat, which is world’s biggest diamond cutting and polishing centre, may have to brace up for yet another hike in the prices of rough diamonds in 2013.