Blog Natural Diamond Prices - October 2024

[bcmacdonald]

bcmacdonald published a new blog post.

At PriceScope, we are dedicated to keeping you updated on the latest movements in the diamond market. Our expert insights focus on the economic and social factors shaping consumer trends and the pricing of natural diamonds.

As the natural diamond market continues to shift, staying informed about these changes is...

Continue reading the Original Blog Post.

 

[Garry H (Cut Nut)]

How about that huge price jump in 2,3 and +4carat sizes folks!

 

[MissGotRocks]

How about that huge price jump in 2,3 and +4carat sizes folks!

Yes, and why do you think that happened? That's a huge jump since last month!

 

[lulu_ma]

How about that huge price jump in 2,3 and +4carat sizes folks!

@Garry H (Cut Nut) -just curious, how does PS track this and what is the size of the data pool?

 

[lavenderdragonfly23]

Yes, I would love to know a bit more detail. We are currently saving for a bigger stone with plans to purchase this spring/early summer and this is making me worried that maybe we should push forward the date.

 

[freddyboston]

Maybe somethings wrong with the calculations ? Idex is showing declines across all round sizes.

 

[Garry H (Cut Nut)]

Yes, and why do you think that happened? That's a huge jump since last month!

The developers are a bit busy at present - but I think we may have skewed the data a bit because BlueNile added their ASTOR top line stones last month.

 

[Garry H (Cut Nut)]

Maybe somethings wrong with the calculations ? Idex is showing declines across all round sizes.

Yes - saw that - RapNet are on New Year vacation - so waiting for their datat too
The developers are a bit busy at present - but I think we may have skewed the data a bit because BlueNile added their ASTOR top line stones last month.

 

[Garry H (Cut Nut)]

Yes, I would love to know a bit more detail. We are currently saving for a bigger stone with plans to purchase this spring/early summer and this is making me worried that maybe we should push forward the date.

If you are a guy then wait, if you are a lady, then push forward!!!
I am looking into the data feed - in the past month the dev's changed the chart/graph format.

 

[Garry H (Cut Nut)]

@Garry H (Cut Nut) -just curious, how does PS track this and what is the size of the data pool?

The data comes from the six companies that list with us. They each set their own prices. We only track the natural diamonds and you can see that the price charts are by shape.
If you search our data base you will see currently there are 509,000 natural rounds listed.
All shapes together around around 1 million, plus a few hundred thousand lab grown and fancy natural color and lab color.

 

[fugrucom]

About a year ago I was buying ACA on Whiteflash. Today I decided to check prices and found some price notes(actually emails from Whiteflash consultant), also I checked cached pages on archive.org, I still see some of the stones still in inventory so we can compare as of today.

https://www.whiteflash.com/loose-di...lor-vvs2-clarity-round-ideal-cut-sku-a4553620

24 mar 2023 - $10315 (data from archive.org)
10 nov 2023 - $8295 (my own records)
01 dec 2023 - $8295 (data from archive.org)
24 oct 2024 - $6750 (price today)

Diamond | 1.455 ct K VVS2 A CUT ABOVE® Hearts and Arrows Super Ideal Round Cut Loose Diamond AGS Certified | 4473426

This Whiteflash A CUT ABOVE® super ideal cut hearts and arrows 1.455 carat K color VVS2 clarity loose diamond is graded by the American Gem Society (AGS) Laboratories. | 4473426

www.whiteflash.com

31 mar 2023 - $9450 (data from archive.org)
10 nov 2023 - $8450 (my own records)
06 dec 2023 - $7950 (data from archive.org)
24 oct 2024 - $6200 (price today)

So almost -35% on each stone since March 2023.