As the world prepares to recover from the COVID-19 global pandemic so has the diamond industry. We have seen a positive increase in the average price of natural diamonds over the past couple of months. We have also seen a shift in the Top 5 Popular Diamond Shapes as many traditional shapes that were trending pre-COVID have since become less popular. Let's take a closer look at the Top 5 Popular Diamond Shapes and state of natural diamond prices for November 2021:
POPULAR DIAMOND SHAPES
Round diamonds continue to be the most popular shape of diamond on the market making up 77.97%. Princess has not made the Top 5 Popular Diamond Shapes for three months in a row despite traditionally being the second most popular shape of diamond pre-COVID. Oval continues to sit in second place making up 5.61% (popularity) - could this be caused by the increase in celebrity oval engagement rings? Cushion remains in third place. Pear continues to make the Top 5 Popular Diamond Shapes two months in a row since making a comeback from May this year.
DIAMOND PRICE CHARTS FOR ROUND DIAMONDS
The table below gives you the rundown and details of the changes for the last three months (09/01/2021 - 11/01/2021).
This November the average price per carat for a round diamond of 1 - 1.19 carat G color VS1 clarity is $8,478 .
The current average and lowest prices per carat are shown in PriceScope's diamond price charts by carat and their corresponding color and clarity.
We advise consumers to keep in mind that cut quality and vendor services such as upgrades and returns can make a significant difference in the price point when shopping for loose diamonds.
PriceScope has been collecting retail diamond prices since 2007 of over 500,000 diamonds. PriceScope diamond price chart page shows the full diamond price charts for rounds and other fancy shapes. We update the diamond prices on a monthly basis. Keep an eye out for December's diamond prices.
As we head into the shopping season, we're eager to see the impact that the festive season may have on the average price of natural diamonds. Shopping for natural diamonds? Check out the PriceScope Diamond Search .
Latest Publications on Diamond Prices November 2021:
Rapaport: Diamond Deficit to Drive Prices, Alrosa PredictsPrices of rough and polished diamonds will continue to rise amid a prolonged shortage in supply and strong jewelry demand, Alrosa said.
US Polished Imports Rise for Sixth Month in a RowUS polished-diamond imports more than doubled to $1.79 billion in August from $821.1 million for the same month of 2020, according to recent data from the US Department of Commerce. Shipments have increased year on year for each of the six months through August amid a recovery from the Covid-19 downturn.
De Beers Raises Prices of Cheaper Rough DiamondsDe Beers increased prices of certain lower-value rough diamonds at its November sight as US consumer demand strengthened ahead of the holidays.
IDEX: Extended Diwali Vacation could Push up Polished PricesManufacturers in Surat are hoping to kickstart the price of polished diamond prices by extending the Diwali vacation.
JCK Online In First Public Quarter, Brilliant Earth Says Sales Rose 33%In its first quarter as a public company, Brilliant Earth Group reported a sales increase of 33% for its third quarter of 2021, which ended Sept. 30.
Wall Street Journal New Trust to Offer Institutional Investors Greater Access to Diamond MarketDiamond Standard's new standardized investment trust eventually would trade over the counter and be a step toward more accessible diamond trading.
