Declining Diamond Prices

declining diamond prices
Worthy Social

By Worthy Social | Feb 3rd, 2015

An Important Message From Our Evaluation Team:

In late December and early January we started to see price drops for fancy cut diamonds (pear, princess, marquise, ovals, emerald cut, etc.) We waited for the round diamonds to be affected and it looks like there is a reduction there as well. We are expecting overall wholesale prices to drop about 20% over the next several months. Our price lists (rapnet, polygon, etc.) already show reductions in small increments but continue to follow the downward trend. Dealers have a surplus of inventory that they purchased at higher prices.

What This Means For You, Our Clients

The Good News

Why Are We Sharing This With You?

One of our main commitments to our clients is transparency. We do everything in our power to transcend the difficulties that the marketplace presents all the while being entirely upfront with you. The last thing we want to do is disappoint or mislead our clients – you are most important! We will keep you updated of any changes and as always, uphold our no obligations policy if you choose not to complete a deal.

 
 
 
 
 
 
 
 

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