Though the platinum price plunged at the start of the COVID-19 lockdowns, it has since risen steadily. Pictured here is Platinum Born’s “Sunrise Bar” necklace.
The Type IIa, D color stone found last month at the Lulo mine in Angola achieved a per-carat price of $39,580, a record price for a white diamond from the site.
Though it can come in a vivid violet color and is readily available in large pieces, kunzite remains relatively low in demand in the market, keeping it at a more accessible price point.
Shortages following a “reasonably good holiday season” in the United States spurred another increase in polished diamond prices, Rapaport said Tuesday.
The diamond miner and marketer said rough diamond sales totaled $540 million in its first sales cycle of the year, more than double the $248 million recorded at the end of 2015.
Petra Diamonds Ltd. sold the stone, which it recovered from the Williamson mine in Tanzania last month, into a partnership between Golden Yellow Diamonds and M.A. Anavi Diamond Group.
The RapNet Diamond Index for October shows continued softness in polished diamond prices, with trading improved but sales still below last year’s levels.
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