Diamond prices dip in August

Diamond prices dip in August

Diamond prices continued to soften during the quieter summer period, reports Rapaport in its diamond index for August Rapaport also noted the upcoming Hong Kong Jewellery & Gem Fair as a consideration with the potential to affect diamond prices Due in part to this caution, smaller, lower-value diamonds are experiencing a drop in demand, while the market remains strong for high-quality SI diamonds.

An increase of 6.7 per cent for 0.30-carat diamond prices; An increase of two per cent for 0.50-carat diamond prices; An increase of one per cent for one-carat diamond prices; and.

An increase of 0.9 per cent for three-carat diamond prices. . Source