(IDEX Online News) – In July, the polished diamond price index was flat, with barely any fluctuations. The Index began the month at 125.4 and ended at 124.5.

 

This is the second month in succession where diamond prices have been flat, with barely any fluctuations. Both diamond demand and prices can be flat at this time of year, as it comes between Mother’s Day in May and the end-of-year sales.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

On a year-over-year basis, July’s average price showed a 5.5-percent decrease, the greatest negative change since the start of 2016.

 

On a month-to-month basis, July’s global polished diamond prices saw a slight decline, registering a 0.6-percent decrease over June.

 

Diamond Price Stability Continues

Polished diamond prices have shown stability and only minimal fluctuations since November. There was a slight increase between May and June, but the trend shows that July returned toward the April level.

 

The graph of polished diamond prices since January 2013 shows a 6-percent decline to-date. Taking into account that polished prices saw more volatility during 2015, overall prices currently seem stable. July’s decrease over June’s average price is the first time since March that there has been a month-over-month decline.