By Erika W.
Retail Diamond Price Increases
Since January, retail diamond prices, derived from Pricescope’s diamond database, increased by an average of 26% in the popular range of 0.5 to 1.0 carat. Listed below are average price increases for most carat weights within the quality range of D-I color and VVS2-SI2 clarity. Rough diamond price hikes, a decline in rough production and growing global demand are factors driving increasing retail prices.
Average retail diamond price increases for D-I color and VVS2-SI2 clarity from January through July 2011:
0 to 0.5 ct – 19%
0.5 to 1.0 ct – 26%
1.0 to 2.0 ct – 18%
2.0 to 3.0 ct – 16%
3.0 to 4.0 ct – 19%
4.0 to 99 ct – 22%
Looking for more retail diamond price statistics? Please visit: Diamond Price Statistics for Rounds and fancy shapes.
Prices went up another 5 – 9 percent from the beginning of June through the end of July. Pricescope updates the Diamond Price Chart every month to illustrate actual retail diamond prices for consumers.
More on rising diamond prices…
Idex reports on rough diamond price increases and a decrease in rough diamond production. “With the exception of Alrosa, most of the major diamond producers reported a decline in production.” Read the article at Idex.
Reuters reports the main Polished Prices index opened 0.8% higher from the previous week on
Monday at 170.9 points. Read the article at Reuters.
In an exclusive interview with JCK, De Beers’ chief commercial officer, Bruce Cleaver says diamond prices should continue to rise. Read the article at JCK.
Projections of rising rough diamond prices from June 2010 by Paul Slegers of Infinity Diamonds. Read the full discussion thread on the forum.
Discuss rising diamond prices on the Forum