Diamond markets start on positive note

ACCORDING to PolishedPrices, an independent news and price list provider to the diamond industry, diamond prices remained firm in quiet trading during the first week following the Christmas break.

The main PolishedPrices index, which covers all sizes between 0,3 carats and three carats, opened 1,8 per cent higher at 127,7 points. The index is currently 3,2 per cent above the level of this time last year.One carat diamonds were the best performers among the benchmark sizes.All ranges posted healthy gains, in particular Commercial qualities, which strengthened 8,3 per cent.In the smaller sizes, Commercial 0,3 carats slipped into negative territory, falling 2,2 per cent, after gaining 6,5 per cent the previous week.Nampa-ReutersThe index is currently 3,2 per cent above the level of this time last year.One carat diamonds were the best performers among the benchmark sizes.All ranges posted healthy gains, in particular Commercial qualities, which strengthened 8,3 per cent.In the smaller sizes, Commercial 0,3 carats slipped into negative territory, falling 2,2 per cent, after gaining 6,5 per cent the previous week.Nampa-Reuters

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