Rapaport

Market Data

Diamonds Metals Currencies Equities
Metal Type
Monthly Change
Gold
-4.42%
Silver
-8.26%
Platinum
-9.85%
Palladium
-11.95%
Currency
Monthly Change
Euro
-2.25%
Pound
-1.36%
Yuan
-2.38%
Rupee
-0.41%
Index
Monthly Change
S&P 500
3.73%
FTSE
nan%
India NIFTY 50
1.34%
Hang Seng
-0.88%
Size
Monthly Change
0.30 ct.
-1.30%
0.50 ct.
-2.23%
1.00 ct.
-0.57%
3.00 ct.
-0.34%
Rapaport

Market Comment - Jun. 01, 2023

All eyes on Las Vegas, with hopes the shows will raise sentiment for 2H.

Deep concerns about the market amid sluggish demand and continued polished price slide. 1 ct. RAPI -1.2% in May, with sharper declines in lower qualities.

Trade below previous years as jewelers tighten inventory purchases during economic uncertainty. US 1Q polished imports -21% to $5B.

Responsible sourcing, sustainability and lab-grown the main themes shaping the market.

Christie’s Hong Kong totals $60M, with pear, 4.83 ct., fancy-vivid-blue, IF, type IIb selling for $8.8M ($1.8M/ct.).

Industry mourns passing of legendary diamond cutter Gabi Tolkowsky.

Rapaport Group launches market for certified natural pearls.

Rapaport to host annual Las Vegas breakfast and Social Responsibility Conference on Sunday, June 4. Register at info.rapaport.com/jck23.

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