By Erika Winters
Diamond Prices News Roundup – June 2014
Following few changes in May, retail diamond prices remained stable in June with slight decreases in 0- to 0.5-carat and 4.0- to 99-carat diamonds listed in Pricescope’s database of over 450,000 diamonds from retail stores. Read more about diamond price changes below.
Retail Diamond Price Changes for June 2014
0 to 0.5 carat: -1%
0.5 to 1.0 carat: no change
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: -1%
Pricescope has been charting retail diamond prices since 2007.
Read some of the latest stories in diamond price news…
Diamond markets were seasonally quiet in June and polished prices softened slightly.
The IDEX Online Polished Diamond Index increased in June to 135.5 from 134.5 in May. In round items, all sizes increased in price apart from 2.0 carats which were unchanged.
Conventional wisdom holds that prices of polished diamonds are bound to go up because demand is rising and supply is shrinking.
‘A diamond is forever’ the slogan goes, but when did ‘Forever’ start? From a technical standpoint, not a marketing one, diamonds have been around since first found in India.
The second quarter was always going to be a quieter period for the diamond trade.
Billionaire Lev Leviev struck a deal with Angola allowing him to charge more for diamonds he mines in the country, according to people with knowledge of the agreement.