Retail diamond prices continued their downward trend in October following decreases in September. With the exception of diamonds in the 3.0- to 4.0-carat and 4.0- to 99-carat ranges, prices for listed diamonds fell further in October. Retail diamond price changes are based on Pricescope’s database of over 450,000 diamonds from retail stores. Read more about diamond price changes below.
There were many more changes in prices this week of round diamonds than in past weeks, with most price changes being negative especially in smaller stones, according to the weekly IDEX Online Price Report.
Petra Diamonds Ltd produced 833,744 carats during the first quarter of fiscal 2015, ended September 30, 2014, a year-over-year increase of 2 percent, signifying what Petra describes as ‘the highest quarterly production in the company’s history.’