IDEX Polished Price Index: June hit by Steepest Monthly Drop of Current Decline

By IDEX Online / July 04, 2023 / www.idexonline.com / Article Link

(IDEX Online) - Polished diamond prices were down yet again during June, as the Index suffered its biggest monthly loss - 3.04 per cent - since the current decline began last March.That's significantly worse than last month, when the Index fell by 1.27 per cent. It was down 1.47 per cent in April and 0.98 per cent in March. The slide during June was marked by a steep decline in the middle of the month.Global demand remains weak amid ongoing geopolitical uncertainty. De Beers reported a year-on-year drop in rough sales of almost a third during the month, amid increasing sightholder caution.IDEX Online subscribers please click here to read the full report.

Recent News

Bullish bankers and bearish institutions split on gold forecasts

July 01, 2024 / www.canadianminingreport.com

Gold stocks down on flat metal price and mixed equities

July 01, 2024 / www.canadianminingreport.com

Snowline Gold reports Initial Resource Estimate

June 24, 2024 / www.canadianminingreport.com

Inflation subsiding and rate cuts starting internationally

June 24, 2024 / www.canadianminingreport.com

Inflation rebound continues to reverse

June 17, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok