(ehudlaniado.com) - Prices of smaller goods recovered in November, responding to rising demand. Larger goods, however, suffered from further price declines. The Mercury Diamond Global Tracker™ (MDGT™) averaged 110.1 in November 2018, down 1.30% from October. Polished diamond price increases are a typical cyclical trend in November, as holiday season purchases drive demand. November is historically a period of rising demand for polished diamonds by retailers during the November-December holiday season. In the past few years, demand by jewelry manufacturers peaked in September, followed by a minor slide in October and a rise in November. The question is what goods are in demand, and therefore rising, as opposed to those items that are in lesser demand.
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