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Diamond Prices Decline in September

NEW YORK–(BUSINESS WIRE)–Diamond prices softened in September as suppliers worked to liquidate old stock. Sentiment improved as trading returned to normal at the Hong Kong Jewellery & Gem Fair, with steady demand for goods at lower prices. The RapNet Diamond Index (RAPI™) for 1-carat diamonds slid 0.7% in September and 2% during the third quarter. The index is down 4.5% since January 1, and has dropped 7.4% in the past 12 months. RapNet Diamond Index (RAPI™)     September     3Q 2017