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The IDEX Online Price Report: Week of April 27-May 2

Another week of unwavering loose polished diamond prices despite an increase in trading activity in some markets. In the past month, overall diamond prices increased by 0.04%, flat by all accounts.

Traders are offering pique goods (I1 and below) for less this week, according to the IDEX Online Polished Diamond Price Report.

• Prices of one-carat goods eased slightly in the past week, with an overall decline of about a tenth of a percent. This was most noticeable in the I1-2 items in the J-M colors.
• Two-carat pique goods in the lower I-N color ranges are selling for less this week, as are the E color 2-carat piques goods.
• Five-carat goods are the bargain hunters special, declining 3.6% in the past week after a 7.4% upward rally in the past month.
• Traders have increased prices of Princess cuts in 1.50-1.99 carat range, the hottest item of the past week.
• One carat Princess cut goods are also in rising demand, mostly for SI goods, resulting in rising prices.

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Edahn Golan is Editor-in-Chief of IDEX Online, heading an international team of writers that covers global industry related events and issues. He writes about rough and polished diamond prices, publishes industry analysis articles and a popular weekly opinion column. In recent years, Edahn has advised a number of leading diamond firms, industry bodies and governmental agencies. He writes research papers on topics ranging from provenance analysis of fancy color diamonds to diamond's contribution to local economies, often contributing or writing the diamond chapters for leading research organizations such as KPMG and Bain & Co.