The overall PolishedPrices index traded in tight ranges throughout the past week, as many traders focussed on preparations for the annual Basel Watch and Jewellery Show (March 8 - 15).
Daily Index levels
Level
Daily Change
Monday 05/03
152.8
-1.9%
Tuesday 06/03
153.1
0.2%
Wednesday 07/03
153.0
-0.1%
Thursday 08/03
0.1%
Friday 09/03
0.0%
Monday 12/03
152.1
-0.6%
Weekly Index
The main PolishedPrices index opened down 0.5% from the previous week on Monday at 152.1 points. The overall index is currently 11.9% above its level of this time last year and has fallen 1.9% since the start of the year.
All ranges were in positive territory, with the exception of Commercial one carats, which posted a loss of 2.3% over the previous week.
Commercial 0.3 carats were the best performers, gaining 5.2%, followed by Fine one carats which added 3.1% over the previous week.
Benchmark groupings PolishedPrices Index.
Current Levels
2012 Low
2012 High
Index Jan 04=100
Change from week ago
Change from year ago
Index
Date
Year to date change
Overall
-0.5%
11.9%
11-Mar
161.2
01-Feb
1 crt / 4gr
Fine
163.7
3.1%
6.4%
152.3
30-Jan
182.6
09-Feb
-5.4%
Commercial
156.3
-2.3%
7.8%
149.8
11-Jan
171.5
-0.3%
Mixed
194.7
1.8%
11.0%
185.0
12-Jan
202.5
29-Jan
4.6%
0.5 crts / 50 pts
143.3
0.7%
18.3%
138.3
23-Feb
163.5
135.5
1.3%
19.6%
133.8
04-Mar
156.2
-7.9%
126.8
25.9%
126.2
02-Jan
136.0
13-Feb
0.4%
0.3 ctrs/ 30 pts
126.0
1.2%
122.2
162.4
16-Feb
147.6
5.2%
12.0%
140.3
162.1
-4.4%
132.4
14.8%
131.4
132.6
01-Jan
-0.2%
The definitions of our groupings are:
Fine: goods better than I colour and VS2 and above.
Commercial: K SI3 and above, excluding the Fine category, and
Mixed: the rest down to M I3.
The weightings used in the calculation of these indices are chosen to reflect world production. Please contact us if you would like to see details of the weightings used, or would like to see the information grouped differently.