Diamond Prices Stable Amid Slow April Trading

RAPAPORT PRESS RELEASE, May 1, 2018, New York... The diamond market was seasonally quiet in April as dealers took vacation over the Passover and Easter holidays. Polished prices were steady, with manufacturers protecting their profit margins against recent rough-price hikes. The RapNet Diamond Index (RAPI?,,?) for 1-carat diamonds was flat in April. RAPI for 0.30-carat stones declined 0.6%, while RAPI for 0.50-carat rose 0.2%. RAPI for 3-carat diamonds slid 0.2%. 1-carat RAPI increased 2.8% in the first four months of the year, but was 1.3% lower than a year ago. RapNetDiamond Index (RAPI)?,,?

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