Price drops bottoming out in August

Earlier this week, IDEX published its Polished Price Index for the month of August. A usual, August was a very quiet month since traders in diamond centers such as Belgium and Israel were on leave. Therefore, trading volumes of polished were low and no significant price changes of polished diamonds were registered.

During the first eight months of the year, diamond prices have shown a slight decline, as the detailed graphs of the full IDEX's Polished Diamonds Price Index report indicate.

The graph above shows the 'see-saw' diamond prices have gone through, in particular during the past three years. Looking at those data, it seems the negative price development is bottoming out this month, and there may be room for some cautious optimism for prices to recover toward the holiday sales season.

To subscribe to IDEX's comprehensive diamond price information, go here: http://www.idexonline.com/diamond_prices_lp