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Polished Diamond Price Index: Year Ends With Mixed Results

Polished Diamond Price Index: Year Ends With Mixed Results

Prices of smaller goods, below one carat, continued to rise in December after increasing in November, responding to rising demand in the consumer market. Larger goods, however, which suffered from price declines in November, experienced a long-awaited revival, rising 1-1.5% in December, according to the Mercury Diamond Global Tracker™ (MDGT™). The MDGT™ index averaged 109.45 in December 2018.

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Diamond industry organizations: GIA

Diamond industry organizations: GIA

The formation of the Gemological Institute of America (GIA), was the result of developments in both retail and the science of diamonds. The combination of a growing need to standardize information provided to consumers and deeper understanding of the gemological aspects of diamonds gave rise to the need for an unbiased third party that could fill the gap between what was available at the time and the little that was available.

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December 2018 Market Report: A Slow Year Aptly Ends with Slow Sales

December 2018 Market Report: A Slow Year Aptly Ends with Slow Sales

A sharp drop in demand and a rise in inventories characterized trade in December. Polished diamond traders around the globe were feeling blue after retail sales of diamond jewelry failed to meet expectations.

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Goodbye 2018, We Need Something New

Goodbye 2018, We Need Something New

As the year draws to a close, we at Mercury Diamond stopped to take a look at the state of polished diamond prices over the past year. We noticed that prices have been lingering for some time and decided to look at what some of the other diamond indexes in the market show. No surprise here, we all show pretty much the same scenario.

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Diamond Industry Organizations: Shanghai Diamond Exchange

Diamond Industry Organizations: Shanghai Diamond Exchange

China is a key country for the diamond industry. Yet despite its importance, it is a relative a newcomer. Therefore, it is no surprise that that it organized itself late compared to other diamond centers. Despite this, the Shanghai Diamond Exchange (SDE) is an important Chinese trading platform.

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