New Diamond Registry Is Showing Increased Price of Big Diamonds
2012: New Diamond Registry Is Depicting Upward Growth of Diamond Industry
Certified polished diamond prices had an overall price increase of 10.3% on RapNet - Rapaport Diamond Trading Network, with half carat diamond prices up 4.1%, one carat diamond prices up 12.3%. Three (3) carat diamonds saw a significant jump -- up 24.6%. Prices for large, very expensive high quality diamonds increased even more, as did small, inexpensive diamonds, whose prices increased 57% at Rapaport Auctions.
So what does this practically mean for you, a diamond buyer? Between 2009 and 2010 here are the potential cost impacts to selected stones. A 3 Carat diamond stone could now cost you almost $16,000 more than in 2009. Rappaport is expecting diamond prices to continue to climb in 2011 due to increased demand from Asia and production issues.
|Diamond Size (Carat)||2010 Price Increase||2009 Price||2010 Price||$ Increase|
Sample prices for average wholesale cost for 1 and 3 carat diamond F-VVS2
Diamond Registry staff are here to help you understand this diamond price increase.
Please call us at +1-212-575-0444 or 1-888-669-4747 so that we can help you find the right stone for your needs. You can also submit an online price quote by clicking here and requesting a free diamond price quote.