Menu
Market NewsIndex ReportsHigh volatility continues

High volatility continues

 

The overall PolishedPrices index remained highly volatile over the past week as the market continued to try to find its correct level.

Daily Index levels

Level

Daily Change

Monday 30/11

111.9

-0.9%

Tuesday 01/12

113.6

1.4%

Wednesday 02/12

112.1

-1.3%

Thursday 03/12

115.1

2.6%

Friday 04/12

112.6

-2.2%

Monday 07/12

111.7

-0.8%

Weekly Index

The main PolishedPrices index fell by 0.2% over the week, opening at 111.7 points on Monday. The index is currently 12.2% lower than this time last year, and has fallen 6.5% since the start of the year. It is currently 5.3% above the low reached in April.

Fine quality diamonds were the weakest of the benchmark categories with all sizes losing ground, 1.0 carats slipping 1.2%, 0.5 carats losing 4.9% and 0.3 carats which have been exceptionally volatile recently fell by 10.7%.

Strongest during the week were 1.0 carat Commercial which gained 6.9%.

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

111.7

-0.2%

-12.2%

106.0

19-Apr

123.3

11-Jan

-6.5%

   











 

1 ct

Fine

115.1

-1.2%

-15.4%

98.8

12-Feb

128.4

03-Feb

2.8%

 

Commercial

111.9

6.8%

-14.7%

95.9

21-Apr

128.5

11-Jan

-6.5%

 

Mixed

141.0

0.2%

-9.0%

122.8

30-Apr

165.5

07-Jan

-4.2%

   







 

 

0.5 ct

Fine

107.6

-4.9%

-15.5%

102.1

12-Apr

127.6

22-Jun

-6.7%

 

Commercial

95.9

-3.1%

-17.7%

91.0

31-May

113.6

16-Feb

-9.3%

 

Mixed

91.9

0.3%

-7.4%

86.1

26-Oct

98.2

05-Jan

-6.5%

   







 

 

0.3 ct

Fine

109.0

-10.7%

-15.7%

105.2

15-Oct

134.2

19-Oct

-8.8%

 

Commercial

111.0

3.2%

-9.7%

103.5

01-Nov

123.2

12-Jan

-6.4%

 

Mixed

103.8

2.1%

-1.6%

100.4

03-May

109.2

16-Mar

-1.3%

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.