IDEX Online Polished Price Changes – January 8, 2015

(IDEX Online News) – Round diamond prices saw almost universal declines this week. Most categories experienced drops of 2 percent-4 percent, with the only increases coming in goods under 0.45 carats.

These changes can be explained by the fact that people are turning to cheaper goods, which is reducing demand –and prices – for commercial or better goods. This in turn is driving up demand – and prices – for cheaper goods.

There were very few changes for Fancies, with just some small declines. The only increases were in stones of 0.5-0.65 carats and 2-and 3-carat diamonds.

The following are some of the changes in this week's IDEX Online Diamond Price Report.

To receive a free copy of the full IDEX Online Diamond Price Report, contact prices@idexonline.com.

Rounds

• 0.18-0.22 cts D / VVS2 up 2%  D-E / SI1 increasing 4%
• 0.23-0.29 cts D / VVS1 down close to 2% K / VVS1 up almost 4%
• 0.30-0.39 cts K+ / SI2+  down 2%-4% G / I2 up more than 5%
• 0.40-0.44 cts  L+ / SI2+ down 2%-4% G / I2 up 5%
• 0.45-0.49 cts K+ / VVS1-SI2 down 2%-3%
• 0.50-0.69 cts L+ / SI2+ down 2%-4%
• 0.70-0.79 cts K+ / SI2+ down 2%-4%
• 0.80-0.89 cts H / VVS1 and VS2  down 3%
• 0.90-0.99 cts J-G / SI+ down 2%-3% D / IF down under 1%
• 1.00-1.24 cts M+ / VVS1-SI2 down 2%-3.5%
• 1.25-1.49 cts some changes of 2%-3% in VS2+ range
• 1.50-1.99 cts L / SI2-VS1 down 2%-3% H-F / SI2-VVS1 down 3%
• 2 cts declines up to 3% in the J-G / SI1+ range M /SI1 dropping 2%
• 3 cts J-G / VVS2+ dropping 1%-2%
• 4 cts K / VVS2-VVS1 down 3% after weeks of consistency
• 5 cts some marginal declines

Fancy Cuts

• 0.18-0.22 cts no changes
• 0.23-0.29 cts no changes
• 0.30-0.39 cts D / SI2 down 3%, I / SI1 declining 4%
• 0.40-0.44 cts no changes
• 0.45-0.49 cts no changes
• 0.50-0.69 cts D / SI3-I3 up 2%-6%
• 0.70-0.79 cts H / I1 down 2.5%
• 0.80-0.89 cts G / VS1 down 2%
• 0.90-0.99 cts no changes
• 1.00-1.24 cts I-J / SI2+ down 2%-3%       
• 1.25-1.49 cts E / SI1 down 3% G / SI2 down around 4%
• 1.50-1.99 cts K / VS2 down 2%
• 2 cts H / VVS1 down almost 1% L / SI2 up 3%
• 3 cts E / IF up 3%
• 4 cts D-F / VVS2+ down 3%
• 5 cts I / VVS2 down around 0.5% to $22,240 per carat