Menu
Market NewsIndex ReportsDiamond index volatile in thin trade

Diamond index volatile in thin trade

The overall PolishedPrices index had a volatile trading week, as volumes remained low.

Daily Index levels

Level

Daily Change

Monday 21/09

113.9

1.9%

Tuesday 22/09

113.9

0.1%

Wednesday 23/09

113.1

-0.8%

Thursday 24/09

111.1

-1.8%

Friday 25/09

111.8

0.6%

Monday 28/09

114.2

2.2%

Weekly Index

The main PolishedPrices index rose by 0.3% over the week, opening at 114.2 points on Monday. The index is currently 14.5% lower than this time last year, and has fallen 4.3% since the start of the year. It is, however, 7.7% above the low reached in April.

One carat diamonds were the strongest performers over the week, with all ranges showing gains. The only other benchmark category in positive territory were Mixed 0.3 carats.

The largest loser over the week was the 0.5 carat Mixed category, which fell 5.3% to record its lowest value since the index started in January 2002.

Benchmark groupings PolishedPrices Index.

   

Current Levels

 

2009 Low

2009 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

114.2

0.3%

-14.5%

106.0

19-Apr

123.3

11-Jan

-4.3%

                   

1 ct

Fine

126.7

3.5%

-15.3%

98.8

12-Feb

128.4

03-Feb

13.1%

 

Commercial

114.1

3.4%

-13.3%

95.9

21-Apr

128.5

11-Jan

-4.7%

 

Mixed

151.3

6.7%

-9.8%

122.8

30-Apr

165.5

07-Jan

2.7%

                   

0.5 ct

Fine

113.0

-5.1%

-12.9%

102.1

12-Apr

127.6

22-Jun

-1.9%

 

Commercial

98.8

-1.5%

-16.2%

91.0

31-May

113.6

16-Feb

-6.6%

 

Mixed

86.3

-5.3%

-21.3%

86.3

27-Sep

98.2

05-Jan

-12.2%

                   

0.3 ct

Fine

116.3

-4.4%

-25.3%

105.9

13-Sep

132.7

08-Mar

-2.7%

 

Commercial

111.2

-1.1%

-17.3%

104.9

17-Sep

123.2

12-Jan

-6.2%

 

Mixed

104.9

1.7%

-6.5%

100.4

03-May

109.2

16-Mar

-0.2%

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, and

Mixed:              the rest down to M I3.

The weightings used in the calculation of these indices are chosen to reflect world production. Please contact us if you would like to see details of the weightings used, or would like to see the information grouped differently.

Related articles

Prices drift lower in quiet trading

Prices firm as markets slow for holidays

Volatility eases in run up to holidays

High volatility continues

Diamond index gives up early gains

Diamond index off last week’s high

View all