(IDEX Online) - Rounds fell yet again during November as the recession showed no sign of easing. Consumers turned to cheaper goods, pushing up some fancy prices.
Rounds
The decline that began in March continued, with price drops dominating almost every size category shown in 0.40-cts to 1.00-ct goods. There were very few price rises of any sort in goods below 1.25-cts. There was a more even mix among 1.25-cts to 4.99-cts, with prices falling among better colors and clarities (J+/VS2+ approx) and rising among lower quality goods (K/SI2 and lower). Prices drops dominated among 5.00-cts to 5.99-cts, especially below L and VS1. Very little movement among goods under 0.40-cts.
Key highlighted changes
Rounds
1.00-1.24ct. D-H / VS1-SI1 -2-5-5%
1.25-1.49 ct. G-J / VVS2-VS1 +1-2.5%
5.00-5.99ct. L-N / IF-SI1 -0.5-5.5%, D-G / SI2-I2 +0.5-4%
Fancy Cuts
0.18-0.22 ct. G-I / VVS1-VS2 -5-7%
1.00-1.24ct. G-I / IF-VS2 +1-6.5%, D-H / SI1 -1.5-3.5%
1.25-1.49ct. E-J / IF-VVS1 +2-6.5%, D-H / SI1 +1.5-3.5%
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