Diamond Prices Index Update - 230.3 UP 7.6

On Tuesday, March 1, 2022 the diamond prices index rose by 7.6 points to 230.3, representing an average rise in retail diamond prices of 7.6%. This is the third consecutive month of skyrocketing prices which comes as no surprise as we face unprecendented inflationary pressures across most industries. Add to this, the Russian invasion of Ukraine will likely contribute to futher pricing pressures in the near future.