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Market NewsIndex ReportsHigh prices, low volumes

High prices, low volumes

The PolishedPrices index rose to its highest level since May, powered by strong rises in one carat diamond prices.

The overall index opened up 2.9% at 127.9 points in exceptionally thin volumes. This is up 2.1% on the year so far and 3.4% above the level recorded this time last year.

Fine and Commercial one carats both put on close to 10%, while Mixed qualities rose by 7.5%, reaching their highest value since the index began in January 2002.

Smaller sizes traded in tight ranges, with the only real movement coming from Mixed 0.3 carat stones which added 5.6%

    Current Levels   2006 Low 2006 High  
    Index Jan 04 = 100

Change from week ago

Change from year ago

Index Date W/E Index Date W/E Year to Date Change
  Overall 127.9

2.9%

3.4%

121.3 09-Jul 128.3

22-Jan

2.1%

                   
1 ct Fine 132.5

10.7%

10.5%

107.2 12-Feb 138.2

21-May

22.7%

  Commercial 128.2

9.4%

7.2% 111.3 08-Jan 133.4

21-May

11.6%

  Mixed 172.1

7.5%

6.9% 144.9 02-Jul 172.1

23-Jul

8.4%

                   
0.5ct Fine 127.1

-0.1%

-2.2% 115.1 11-Jun 139.9

29-Jan

-5.5%

  Commercial 119.6

0.5%

-4.8%

114.6 09-Jul 129.7

22-Jan

-1.4%

  Mixed 103.6

1.7%

-1.2%

91.8 23-Apr 106.8

11-Jun

6.4%

                   
0.3ct Fine 133.5

-0.0%

8.3% 117.9 05-Feb

147.0

05-Mar

0.7%

  Commercial 122.5

-0.7%

-2.9% 113.4 25-Jun 142.9

01-Jan

-14.2%

  Mixed 111.9

5.6%

-1.3%

95.3 25-Jun 133.5

01-Jan

-16.2%

The definitions of our groupings are:
Fine: Goods better than I colour and VS2 and above. 
Commercial:  K/SI3 and above, excluding the Fine category 
Mixed:  The rest down to M/I3  
 

The weightings used in the calculation of these indices are chosen to reflect world production.

 
 
   
   
   

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