August has been a busy month for diamond prices. Our price index has risen by 51 points during the past month. This past week we finally saw a break in the price increases and hopefully this indicates a typical late summer slow down in sales which should stabilize prices for the moment.
If you are considering buying an engagement ring or other diamond jewelry this year, now may be the time to strike as prices will resume their upward trend in the fall as we approach the holiday season which is typically the strongest time of the year for diamond and jewelry sales.
So get out there and start shopping - use our loose diamonds search engine to compare prices from multiple jewelers all at once.