Polished Diamond Prices Show Slight Decline in March

Polished Diamond Prices Show Slight Decline in March

The decline last month followed a rise in February.

The IDEX polished diamond price index saw a slight decline in March, beginning the month at 120.98 and ended at 119.99.

The decline last month followed a rise in February.

 
 
Outlook
 
Polished prices have continued a downward path seen from mid-2016, IDEX reported. Sentiment on the polished market appears to be slowing, with traders preparing for the Easter/Passover holidays.
 
Reports from the BaselWorld watch and jewelry show at the end of March appeared to confirm a slowdown, with caution being the watchword.