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RE:RE:Diamond Index still maintain is trend to going up...

[Boomrang]

Prices of polished diamonds are rising again, as the IDEX Online Polished Diamond Index increased by 1.0 percent to 132.6 in September compared to August. One-carat rounds increased by 1.1 percent during the month. Outlook: In the U.S., retailers enjoyed a good run in the first nine months of 2013. The S&P 500 increased by 17.6 percent during the period and is set to continue its assent according to forecasts. This means that many Americans will have deeper pockets for discretionary expenses in the November-December holiday season and diamond jewelry will benefit from this spending. Solid demand from China, despite the recent slowdown in demand growth, provides additional reasons to expect at least a moderate improvement in demand in the coming months. However, lackluster demand from Indian consumers, hurt by the weakening rupee, is dampening the global demand outlook. With global stock markets continuing to rise, an improving U.S. economy, and expectations that the slowing Chinese economy will not deteriorate further, we expect polished diamond prices to increase in the long-term, especially with the improving Japanese economy, which is still a leading diamond-consuming market. https://www.idexonline.com/portal_FullNews.asp?id=38661