IDEX Price Report for 1 October: Rounds Suffer Further Losses. Positive Pockets Suggest Decline May Be Slowing

September 30, 22 by IDEX Online

(IDEX Online) - Losses among rounds were less marked than last month, as seasonal demand increased. Goods of 0.50-cts and up showed more mixed movement, and fancies saw significant gains, especially among 1.00-cts-2.99-cts goods. There has been some pickup in business in the last two or three weeks, though not what we'd expect in "normal" times.

Gains among commercial goods (0.50-cts to 2.00-cts) have largely been among the better colors and clarities, and losses have been more dominant in lower colors and clarities. This may indicate consumers' desire to buy more "investment quality" diamonds.

Rounds

There was a more even mix of price movement in September, after the heavy losses sustained in August. Most size categories saw a balance in terms of rises and falls, with the notable exception of 5.00-cts to 5.99-cts "investor stones", where there were near-wholesale increases. There was little movement in goods under 0.40-cts and some losses 0.40-cts to 0.49-cts.

Fancies

Fancies saw more movement than rounds, which is unusual, and there were significant increases, notably among 1.00-cts-2.99-cts, where price rises dominated. Larger goods, 3.00-cts to 5.99-cts, saw a more even mix of rises and falls. There was very limited movement among goods under 0.50-cts.

KEY CHANGES

Rounds

0.18-0.22 ct. D-I / SI1 +4-5%

0.23-0.29 ct. D-G / VS2 +3-3.5%

0.30-0.39 ct. D / IF-VVS1 +6-7%

0.40-0.44 ct. I-J / VS1-2 -2.5-5.5%

0.45-0.49 ct. D-G / VVS2 -1-4.5%

0.50-0.69 ct. H-J / VS2-SI3 -1.5-5%, D-E / IF-VS2 +3-5.5%

0.70-0.79 ct. F-I / VS2-SI1 -1-3%, D-E / VVS1-SI1 +3-4.5%

0.80-0.89 ct. D-F / SI2-I1 -1.5-5.5%, D-E / VVS1-SI1 +2-5.5%

0.90-0.99 ct. D-E / VVS1-VS2 +2-5.5%, G-H / IF-VS1 -1.5-4.5%

1.00-1.24 ct. D-E/ IF-VVS1-SI1 +3-5.5%

1.25-1.49 ct. F-G / VVS1-VS2 +2-4%, H-K / VS1 -1-3.5%

1.50-1.99 ct. F-H / VVS2-SI1 +1-5%, I-J / VS2-SI2 -1.5-3.5%

2.00-2.99 ct. D-H / VS2-SI2 +2-5%, I-K / IF-VVS1 -1-3%

3.00-3.99 ct. E-H / VVS2-VS2 -0.5-4%, K-N / IF-VVS2 +1.5-5.5%

4.00-4.99 ct. I-L / IF-VVS2 +1-4%, D-E / IF-VS2 -1-4%

5.00-5.99 ct. D-F / IF-I1 +1-4%, I-N / IF-VVS2 +1-5%

Fancy Cuts

0.18-0.22 ct. E-G / IF -3-4.5%, H-J / I1 +12.5-16.5%

0.23-0.29 ct. F / IF-VVS2 -3-4.5%, G / VVS2-SI1 +4-5%

0.30-0.39 ct. K / SI1-2 +6-7%

0.40-0.44 ct. I-M / SI2 -4-7.5%

0.45-0.49 ct. D-E / VVS2-VS2 +2-7%

0.50-0.69 ct. D-G / VVS1-VS1 +1.5-5%, F-I / SI1 -2.5%

0.70-0.79 ct. D-F / VVS1-VS2 +1.5%, H-J / VVS1 -1.5-2%

0.80-0.89 ct. D-G / VVS2-SI1 +1.5-5%, H-I / VVS1-SI1 -1.5-3.5%

0.90-0.99 ct. D-E / VVS1-SI1 +1.5-8%, E-G / SI3-I1 -3-6.5%

1.00-1.24 ct. D-F / IF-SI1 +1-6.5%

1.25-1.49 ct. E-F / IF-VS2 +1-3.5%, F-I / VVS2-SI2 +1-5.5%

1.50-1.99 ct. D-J / VS1-SI3 +1.5-5%

2.00-2.99 ct. D-H / IF-VVS2 +0.5-4.5%, D-I / SI1-3 +1.5-6%

3.00-3.99 ct. D-L / SI3 +1.5-6%, E / VVS2-VS2 -1-2%

4.00-4.99 ct. D-L / SI3 +1.5-6.5%, F-G / IF-VVS1 -1-4%

5.00-5.99 ct. D-H / VVS1-2 +0.5-4.5%, K-M / IF-VS1 +1.5-4%

Diamond Index

IDEX Price Report for 1 October: Rounds Suffer Further Losses. Positive Pockets Suggest Decline May Be Slowing

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