Certified Polished Diamond Prices Rose in 2011

Rapaport reported certified polished diamond prices rose 19% in 2011 spurred by strong buying in the first half of the year.

As quoted in the press release:

For 2011, the RapNet Diamond Index (RAPI) for 1.00 ct. polished diamonds rose 19% to 96.96. The 0.30 ct. category fell 1% to 16.11, and 0.50 ct. increased 20% to 34.39. The RAPI for 2.00 ct. diamonds grew 15% to 18.78 and 3.00 ct. rose 18% to 35.19.