IDEX Online Research: April Polished Diamond Prices ‘Unsteady’

After a sharp decline late in 2014 and early 2015, global polished diamond prices rose in April, extending a trend which began in March.

·         The IDEX Index of Global Polished Diamond Prices averaged 131.1 during April, up from March’s average of 129.7, and well ahead of the year’s low of 123.7 in February. The IDEX Index is sales-weighted, so it reflects current market activity.

·         Polished diamond prices reached a daily IDEX index high of 133 on April 22, but settled back to 129.5 at the end of the month.

·         Polished diamond prices were more volatile than usual during April.

Polished Diamond Prices Back on Trend

After significant volatility during the third and fourth quarters of 2014 and early 2015, global polished diamond prices in April rose modestly, and settled at a level that is consistent with average prices during 2014.

The graph below illustrates long-term price trends for polished diamond prices.

Click here to see the full April Polished Diamond Price Article.