February Polished Diamond Prices Remain Static
March 07, 16
(IDEX Online News) – The cautious optimism that has been apparent since the start of the year was reflected somewhat in polished diamond prices in February. The Index began the month at 123.2 and ended at 123.8 – the price at which January also closed.
Diamond Price Showing Stability
Polished diamond prices have been relatively stable since November, with February’s minimal slip hopefully providing evidence that prices can be galvanized following December’s uptick.
Although the graph of polished diamond prices since January 2013 shows a 6.85-percent decline – and taking into account that polished prices have seen more volatility during 2015 – overall prices currently seem stable, especially when we factor in that there was no year-on-year price change between February 2016 and February 2015.
Click here to see the full IDEX Onilne Research article.