Diamond prices have been stabilizing after a couple of months of weak demand across the diamond industry.
Diamonds D-G Colors, VS clarity have been selling well. Round diamonds are still the top selling diamond shape.
Falling prices had increased demand in overseas markets.
Diamond rough prices have been high for a considerable time. Pressure is mounting on the industry with diamond rough prices anticipated to fall considerably. Polished diamond prices remain steady with the market sentiment remaining soft.
Round diamond remain the most popular with firm pricing.
1.25ct – 2.00ct excellent cut stone demand remains strong.
Oval and cushion shaped diamonds are selling well at the expense of princess cut stones.