March Polished Diamond Prices Remain Static
April 03, 16(IDEX Online News) – The polished diamond price index for March was largely static, only registering a very slight increase and continuing the trend shown in February. The Index began the month at 123.8 and ended at 124.4.
On a year-over-year basis, March’s average fell 4.6 percent, the most significant since November.
On a month-to-month basis, March’s global polished diamond prices were flat, only registering a 0.1-percent increase over February, and still less volatile than other commodities.
Diamond Price Showing Stability
Polished diamond prices have shown stability and only minimal fluctuations since November. The trend for March continued this pattern of a lack of significant price movements.
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