[Gift Jewelry : Pearl Necklace, Pearl Bracelet, Pearl Ring and Pearl Earrings] 5/04/2018 03:03:00 PM

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The US consumer price index (CPI) for jewelry in April 2013 fell 1.2% on a year-on-year basis and amounted to 174.96 points in response to a significant decline in precious metal prices, Rapaport reports. The value of the index was kept only 1 point lower than the corresponding March indicator.
Nevertheless, at present the value of the index remains at a record level, and taking into account the data for April, CPI exceeded the average mark of 170 points for the 28th consecutive month.
In January 2012, the price index for jewelry reached a record high of 183 points, but then, throughout the year 2012, prices for diamonds, gold and platinum declined.
According to Rapaport Research, diamond prices stabilized and gradually recovered, but gold prices dropped to $ 1,350 an ounce in mid-April, recovering to $ 1,470 per ounce by the end of the month.
The general consumer price index for all product categories in April increased by 1.1% on a year-on-year basis and reached the mark of 231.49 points, which slightly did not reach the record high of 232.77 points recorded in February.

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Posted By Blogger to Gift Jewelry : Pearl Necklace, Pearl Bracelet, Pearl Ring and Pearl Earrings at 5/04/2018 03:03:00 PM

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Hong Kong's polished imports rose 4% year-on-year to $ 4,485 billion, Rapaport reported citing data released by the Diamond Federation of Hong Kong China Limited. The volume of polished imports for the reporting period increased by 5% to 5.608 million carats, and the average cost of imported stones decreased by 1% to $ 799.82 per carat.
Hong Kong's imports of diamonds from India rose by 20% to $ 2.19 billion during the reporting period. Imports of polished diamonds from Israel fell by 7% to $ 581.7 million. Imports of diamonds from Belgium increased by 3% to $ 478.9 million, while imports from the United States fell by 16% to $ 400.4 million.
The Hong Kong polished diamond exports in the first quarter of 2013 decreased by 10% to $ 2.962 billion. Thus, net polished imports jumped 49% year-on-year to $ 1.523 billion.
Hong Kong's imports of rough diamonds rose 45% to $ 464.49 million , while exports of rough diamonds jumped 61% to $ 695.86 million. Net diamond imports fell to a negative value of $ 231.37 million compared to a deficit of $ 112.55 million for the same period last year.
The Hong Kong net diamond account (the difference in aggregate imports and exports of diamonds and diamonds) rose 42% on a year-on-year basis to $ 1.292 billion.