IDEX Polished Price Index: Year-Long Decline Accelerates

May 04, 23 by IDEX Online


(IDEX Online) - Polished diamond prices, which had been showing some small signs of recovery since November 2022, suffered a setback in April, slipping by 2.1 per cent. Monthly declines had been progressively smaller - from 2.4 per cent to 0.4 per cent in March.

But April saw a drop of 2.1 per cent, as uncertainty persists globally, the US feels jittery over bank collapses and China's post-Covid bounce back - at least in terms of diamond spending - fails to materialize.




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