RIsing Polished Diamond Prices Jolt Industry
Over the past few days days polished diamonds have soared in price which has caused many people and companies to feel uncertainty.
According to the IDEX average prices have increased by more than 5% since January.
Surprisingly smaller goods with clarity’s of I1 or higher have been extremely active.
0.004 carat diamonds have been in very high demand lately, these type of goods are usually used in watches. With that being said manufacturers have created new designs to make use of these goods.
High quality certified 1 carat and bigger goods have also raised. And according to Idex over the past 2 months these polished diamond prices have sored by 6.7%.
Prices for diamonds 2 carats and above have been strong for some time now and half carat goods are joining.
These rising prices are are not causing traders to jump for joy, instead it has left them with the not so good feeling of total uncertainty.