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Set expected to bring in up to $550,000.
Auction
September 5, 2024
Industry leaders address diamond pricing and demand.
Industry
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The drop in diamond recoveries is a response to market conditions, but also a reflection of diminishing prospects for viable new mines.
Industry
September 2, 2024
Exclusions apply to “grandfathered” goods that were outside of Russia prior to sanctions.
Trade Alert
August 29, 2024
Blackstone-owned grading lab cites rising synthetics demand as one of its selling points.
Industry
August 25, 2024
Rapaport Magazine Spotlights Retail
Talking Transparency in Your Diamond Marketing
Three experts share their views on how to sell sustainable origins to consumers.
Retail
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How to Build a Successful Estate Department in Your Store
Experts offer their tips, including combining older pieces with modern designers and playing up styles that have found new life on social media.
Retail
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Lugano Diamonds Brings US Luxury to the UK
Art, equestrianism and philanthropy are at the heart of this American jeweler’s business, which is now expanding to Europe.
Retail
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Rapaport
The RapNet Diamond Index (RAPI™) is being revised due to elimination of diamond listings from China. These diamonds have been listed at low prices, with sellers demanding extra fees related to currency conversion. This week’s technical increase in RAPI indices does not reflect any sudden change in market conditions or prices.
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Diamonds
Metals
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The RapNet Diamond Index (RAPI™) is being revised due to elimination of diamond listings from China. These diamonds have been listed at low prices, with sellers demanding extra fees related to currency conversion. This week’s technical increase in RAPI indices does not reflect any sudden change in market conditions or prices.
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Market Comment - Sep. 05, 2024
Martin Rapaport to present webinar “What Will Happen to Natural Diamond Prices” on Sep. 18. at 10 a.m. EDT. Register here.
Manufacturers reducing production and inventories, which will help stabilize market prices as US holiday season develops. India must maintain reduced supply to prevent price deterioration as synthetics replace US natural-diamond demand.
US retail mixed, with stores and dealers buying selectively. Indian domestic market stable, with Diwali and wedding season looking positive.
Low expectations for Sep. HK show amid weak China demand. Chow Sang Sang reports 1H sales -13% YOY to $1.5B, profit -37% to $67M, and launches HK pop-up store for synthetics brand.