India to Pause Rough-Diamond Imports for Two Months
Voluntary freeze to go into effect on October 15.
De Beers Expects Oversupply to Continue for Now
Consumer demand is lagging behind 2021 and 2022 levels, miner says in Diamond Insight Report.
Most Popular
Voluntary freeze to go into effect on October 15.
Manufacturing
September 26, 2023
The largest rough producer’s new marketing initiative could be just what the industry needs.
Marketing
September 21, 2023
Miner tested out different cost options during trial of Lightbox engagement rings.
Lab-Grown
September 18, 2023
Limited-edition collection features mixture of synthetic and natural stones.
Lab-Grown
September 14, 2023
Miner brings back “A Diamond Is Forever” tagline.
Lab-Grown
September 13, 2023
Rapaport Magazine's Auction Roundup
Phillips Jewelry Sales Expand to Geneva
Bidding on Europe: After enjoying success in New York and Hong Kong, the auction house is finding its niche in Switzerland.
Auction
September 20, 2023
‘Safe Choices’ Like Rolex and Patek Philippe Are Leading Watch Auctions
Still ticking along: Sale results dipped in the first half, but experts say that was just a blip in an otherwise healthy rhythm.
Watches
September 20, 2023
A Fair Turnout: Highlights from GemGenève
Swiss sensation: May’s show was bigger than ever, with participants reporting strong interest in exceptional gemstones
Shows
July 30, 2023
Behind the Gavel: Meet Sotheby’s Auctioneer Uni Kim
The deputy director for Jewelry in Hong Kong talks about her career path, her favorite pieces, and the figures who inspired her.
Auction
September 20, 2023
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Market Comment - Sep. 21, 2023
Hong Kong show slow. Chinese buyers cautious in weak economy. Indian attendance low due to festivals and market slump.
G7 mulls ban on Russian diamonds. US sanctions Grib. Indian trade nervous as Ukraine govt. agency names SRK as “war sponsor”; company denies claim.
Alrosa cancels Sep. and Oct. sales to ease oversupply. De Beers keeps rough prices steady at Sep. sight, with secondary-market buyers bidding -20% on some boxes.
Petra FY revenue -42% to $325M, loss of $102M vs. profit of $88M last year.
Mastercard predicts holiday jewelry sales -0.3%.
Rapaport offices will be closed on Monday, Sep. 25, for the Yom Kippur holiday.
Rapaport “Trade Warning” webinar to be released next week.