(IDEX Online News) – In January, the IDEX polished diamond price index saw a minor decline. The Index began the month at 121.1 and ended at 120.2.

 

The decline last month followed an increase the month before.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Outlook

 

The holiday season saw somewhat disappointing results, according to the financial figures provided by Signet Jewelers. With more than 3,000 outlets across the United States, the retail chain reported a 5-percent decline in sales on the year before.

 

While polished prices declined from mid-2016 onwards, rough prices saw increases, thus putting more pressure on profit margins which are already razor thin.

 

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