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Rapaport Group said optimism in the U.S. market ahead of the holiday season lifted prices.
Prices of fancy colored pink and blue diamonds are up, but partially offset by continued price declines in lower-cost, commercial yellow diamonds.
Prices for 1-carat diamonds slipped 2 percent, as the middle of the pipeline remains sufficiently stocked with goods to meet retail demand.
Diamond prices fluctuated little between August and September, the latest report from the Rapaport Group shows.
The sale, which offered emerald and amethyst from Zambia, indicated a softening in demand for lower-quality gemstones in some markets.
It was a mixed bag for polished diamond prices in the month of August while De Beers’ rough diamond sales totaled $630 million in its seventh sales cycle of the year.
One-carat polished prices slid again while prices for 3-carat stones and smaller goods remained flat or rose very slightly, according to Rapaport.
The RapNet Diamond Index (RAPI) fell for diamonds of all sizes in the month of July, continuing the decline that began in April.
The diamond expert focuses on ways retailers can accurately assess and sell fancy colored diamonds to customers in Fancy Color Diamonds, The Pricing Architecture.
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