Polished Diamond Price Index Again Stable in August
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September 02, 18by Albert Robinson(IDEX Online News) – The IDEX polished diamond price index was stable in August, rising only very slightly during the month as was the case in July. <?xml:namespace prefix = "o" ns = "urn:schemas-microsoft-com:office:office" /?>The Index began the month at 125.55 and ended at 125.95.<?xml:namespace prefix = "v" ns = "urn:schemas-microsoft-com:vml" /?> OutlookDiamond traders went back to work during August at the major trading and manufacturing centers in the northern hemisphere following the summer vacations.Top of the to-do list for many of them was to prepare for the big and hugely influential September edition of the Hong Kong Jewellery and Gem Fair.Known for being a show where business is transacted – especially for the local market and for Mainland China – the event is an important barometer of the health of the global diamond, gemstone and jewelry industry.All eyes will be on the fair in a bid to judge sentiment in the market in the vital fourth quarter of 2018 with the market looking ahead to a positive holiday sales season.With the US economy appearing to be powering ahead, the industry is optimistic regarding the Christmas sales period.For the full IDEX Online Research article, click here[1] References ^here (www.idexonline.com) ...