There's good news and bad news on the state of current diamond prices in the world. With most of the world in an economic recession, or very small growth, it seems like the price of round diamonds has halted. In some cases, it has declined. Diamonds, specifically in the the Far East, has declined. China's diamond buying, for GIA colorless, and flawless to VVS1-VVS2 clarities, has stopped. Therefore, the prices for these diamonds has declined. India's diamond buying has also declined for near colorless diamonds of I-J-K colors and VVS1-VVS2 to VS and VS2 clarities has also declined. Our friends from the middle east have also stopped buying larger fancy colors, yet fancy blues, fancy yellows and fancy pinks prices still are very strong. This is due to the decline in oil prices. With Europe in such a transition, buyers from Europe have also declined. Yet, even though the United States has achieved low growth, colorless and near colorless diamonds with SI2-I1 clarities, with GIA diamond reports , has actually risen. Demand is up for these specific diamonds.
Fancy Shape Diamond Prices
Fancy shape diamonds with GIA diamond reports have much better news. With princess cut diamonds leading the way, oval cut and many square shape diamonds such as asscher, emerald, and radiant cut diamonds are in demand. The prices for these diamonds have stayed strong. Pear shape and marquis diamonds have also seen a resurgence in popularity, and are still in demand.
Source Link: https://vintagediamondring.com/blog/Antique-Jewelry-and-Diamond-News-of-2016/
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