The diamond trade has absolutely recovered from the unfavorable impression of the COVID-19 pandemic which has left us feeling optimistic about the way forward for diamond costs. As we head into the ultimate months of 2021, we are going to proceed to report on diamond costs and the contributing elements that would affect their worth. Right here is the newest on the typical worth of spherical diamonds for August 2021:
POPULAR DIAMOND SHAPES
Spherical diamonds proceed to be the most well-liked form of diamond in the marketplace. Actually, spherical has risen in reputation (%) since July. Princess has elevated in reputation from third to second place previously month. Cushion has decreased to 3rd place. Whereas, oval has elevated in reputation (%) taking fourth place overtaking emerald which is again in fifth. There have been no main modifications within the High 5 In style Diamond Shapes previously three months.
DIAMOND PRICE CHARTS FOR ROUND DIAMONDS
The desk beneath offers you the rundown and particulars of the modifications for the final three months (06/01/2021 – 08/01/2021).
Diamond Worth Modifications from 6/1/2021 to eight/1/2021 Diamond Carat Sizes 6/1/2021 7/1/2021 8/1/2021 0.0 – 0.5 1 % ↑ 3 % ↑ -1 % ↓ 0.5 – 1.0 0 % 3 % ↑ 3 % ↑ 1.0 – 2.0 2 % ↑ 3 % ↑ 4 % ↑ 2.0 – 3.0 1 % ↑ 2 % ↑ 4 % ↑ 3.0 – 4.0 2 % ↑ 1 % ↑ 4 % ↑ 4.0 – 99 2 % ↑ 2 % ↑ 2 % ↑
This August the typical worth per carat for a spherical diamond of 1 – 1.4 carat G shade VS1 readability is $8,576 in comparison with July 2021 which was a mean worth of $8,350. The typical worth per carat for spherical diamonds continues to extend because the diamond trade recovers from the unfavorable impression of the COVID-19 pandemic.
The present common and lowest costs per carat are proven in PriceScope’s diamond worth charts by carat and their corresponding shade and readability.
Common Diamond Worth per Carat (08/01/2021)
We advise shoppers to remember that reduce high quality and vendor companies reminiscent of upgrades and returns could make a big distinction within the worth level when purchasing for free diamonds.
PriceScope has been gathering retail diamond costs since 2007 of over 500,000 diamonds. PriceScope diamond worth chart web page exhibits the total diamond worth charts for rounds and different fancy shapes. We replace the diamond costs on a month-to-month foundation. Preserve an eye fixed out for September’s diamond costs.
We’re feeling assured about the way forward for diamond costs because the trade continues to get well from the unfavorable impression of the COVID-19 pandemic. Nonetheless, there’s a lot debate on what the rise of recognition for lab-grown diamonds might imply for the value of pure diamonds.
Will the value of pure diamonds proceed to rise or will we see family diamond retailers undertake lab-grown diamonds which might trigger a plummet within the common worth of pure diamonds?
What are your ideas?
Tell us by clicking the feedback button beneath.
By Andrey Pilipchak
Newest Publications on Diamond Costs August 2021
Rapaport:
Retail Restoration Driving Up Diamond Costs
Las Vegas… Diamond market sentiment was upbeat in July regardless of a seasonal slowdown and excessive tough costs. Strong retail gross sales and provide shortages supported costs for polished.
Not Sufficient Tough
Alrosa is just not used to purchasing diamonds. As the biggest producer of tough by quantity, the Russian miner accounts for about one-quarter of world provide and is subsequently second solely to De Beers in setting the tone for the market.
IDEX:
IDEX On-line Analysis: 12 months-on-12 months Costs up by over 10 %
12 months-on-year costs have been up 10.1 % in July, the very best determine for no less than eight years, in line with IDEX On-line’s analysis. Costs have been exhibiting optimistic progress since January and greater will increase with each successive month.
Fancy Coloration Diamond Costs Rise Once more in Q2
Costs of fancy shade diamonds saved rising in Q2, albeit at a barely slower tempo than the earlier quarter.
JCK On-line:
Lab-Grown Diamond Consciousness Is Sturdy, However Shoppers Nonetheless Confused
Most shoppers have heard of lab-grown diamonds. They know they exist. However many nonetheless aren’t fairly positive what they’re.
Forbes:
Richemont’s Cartier Says ‘No’ To Lab-Grown Diamonds, However Cartier Scion Jean Dousset Says ‘Oui’
It’s a examine in contrasts between previous luxurious and new: Cartier the model and jewellery entrepreneur Jean Dousset, the great-great-grandson of Cartier’s founder, on lab-grown diamonds.
New Third-Occasion Diamond Customary Certifies World’s First Local weather Impartial Lab-Grown Diamonds With Verified Origin
Edahn Golen – Diamond Analysis and Information:
Lightbox and Lab-Grown Diamonds: Tracing the Worth Trajectory
