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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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837 Hits

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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948 Hits

The US Holiday Season for Diamond Jewelry: Mixed

The US Holiday Season for Diamond Jewelry: Mixed

Familiar with the relationship status ‘It’s Complicated’?

That is a good two word description of the diamond jewelry holiday selling season so far. As you may recall, diamond jewelry sales were sluggish during the 2017 holiday season, but ended with a last-minute rush by consumers. That happened during the last two weeks of December.

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614 Hits

Industry Organizations: Diamond Federation of Hong Kong, China Limited

Industry Organizations: Diamond Federation of Hong Kong, China Limited

Hong Kong is a unique diamond center that serves three different functions. It is one of the main wholesale polished diamond trading hubs, a major diamond consumer market, and it serves as a gateway to the Chinese market – both retail and for manufacturing. As such, the local Hong Kong diamond organizations play an important role in serving this exceptional market. Chief among them is the Diamond Federation of Hong Kong, China (DFHK), a non-profit organization that aims to protect the integrity of diamonds and consumer interests by standardizing business practices.

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676 Hits

Mercury Polished Diamond Price Index: Only Smaller Sizes Improve

Mercury Polished Diamond Price Index: Only Smaller Sizes Improve

Prices of smaller goods recovered in November, responding to rising demand. Larger goods, however, suffered from further price declines. The Mercury Diamond Global Tracker™ (MDGT™) averaged 110.1 in November 2018, down 1.30% from October. Polished diamond price increases are a typical cyclical trend in November, as holiday season purchases drive demand.

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755 Hits

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