Diamond Price Index 20 Years

While the overall health of the economy influences the prices of diamonds.

Diamond price index 20 years.

Diamond prices index 206 3 1 3 updated september 1 2020 next update october 1 2020 determining the price of a diamond or its value involves many of the factors we discuss on our diamond grading page. 1960 to 2016 index data tracking the historical diamond prices changes up to actual prices. Of course the actual price range is much wider but these pricing points indicate where you get the best balance of price quality and beauty in a diamond. This list is divided into different price grids according to the carat of the diamond for example there is a price list for 0 40 to 0 49 carat.

A 0 5 carat diamond price is 1 500. Between 1986 and 2020. With continued economic growth around the world and more demand for luxury goods and decline in the mining of diamonds it is expected that the prices of high gem quality natural diamonds will increase by roughly 6 each year until 2020. In 1960 the average price for such a diamond stood at some 2 700 u s.

Note the price dip late 2008 the economic crisis and recent stabilization or even rises. Yearly increase of diamond prices and value 14 47 from 1960 to 2016 or equal to yearly compound interest of 4 3. Analysis and performance development of diamonds over the last 55 years. The diamond index is updated every hour.

This statistic depicts the diamond prices over time from 1960 to 2016. Compare to time period 1 year 2 years 3 years 4 years 5 years. Bureau of labor statistics prices for jewelry were 67 31 higher in 2020 versus 1986 a 67 31 difference in value. Diamond price chart for round diamonds.

Be sure to check out our diamond price index compare actual prices. The value of a 1 carat diamond will not be twice that of a 0 50 carat diamond as price is not proportional to weight. Prices for jewelry 1986 2020 100 according to the u s. Diamond prices increases about 14 each year since 1960.

These include the 4 cs carat weight cut color and clarity and other factors are also taken into account such as polish symmetry fluorescence and shape. The second section of this article will explain how diamond prices are determined and calculated. Jewelry experienced an average inflation rate of 1 53 per year in other words jewelry costing 100 in the year 1986 would cost 167 31 in 2020 for an equivalent purchase. A 1 0 carat diamond is 4 500 6 000.

Diamond merchants use the rapaport price list to calculate the price of diamonds. This price index for 1 carat 1 5 carat 2 carat and 3 carat diamonds will be updated periodically to reflect changing retail and wholesale diamond prices. A 2 0 carat diamond is 18 000 21 000. Prices update monthly this round diamond price chart shows changes in diamond prices over the past few years for different sizes.