Rapaport Newsletter Banner
RAPAPORT ® TRADEWIRE ®
July 17, 2025
Rapaport Market Comment - July 17, 2025

Market trends unchanged: Fancies selling better than rounds, especially in 2 ct. and larger, with rounds moving in 2 ct. and larger. Rounds and fancies in 2.50 to 2.99 ct. are most sought-after oversizes. US trade seasonally slow, though retail demand is steady. De Beers July sight sees good demand for 2.50 ct. and larger rough; smaller sizes weak. India market sentiment low. India June polished exports -23% YOY to $779M, rough imports -4% to $961M. Tariff uncertainty continues after President Donald Trump’s ambiguous comments on India trade deal. Major US retailers delaying holiday orders. Richemont brands’ fiscal 1Q sales +7% YOY to $4.6B, reflecting strong high end.

 

Read More
Rapaport Newsletter Banner
RAPNET DIAMOND INDEX (RAPI™)
Weekly Monthly Y2Y
0.30 ct -0.72% -2.24% 2.66%
0.50 ct -0.73% -3.00% -9.07%
1.00 ct -0.03% -0.55% -9.63%
3.00 ct -0.27% -0.79% -6.68%
Rapaport Newsletter Banner
Market Reports
United States: Retailers inquiring about merchandise for outright purchase and memo deals…
United States: Retailers inquiring about merchandise for outright purchase and memo deals…
Belgium: Dealers reporting wide price gap between nice and weak SIs…
Belgium: Dealers reporting wide price gap between nice and weak SIs…
Israel: Activity slower due to summer vacations and overall market uncertainty…
Israel: Activity slower due to summer vacations and overall market uncertainty…
India: US President Donald Trump says he is working on deal similar to Indonesia arrangement, implying India could face 19% tariffs…
India: US President Donald Trump says he is working on deal similar to Indonesia arrangement, implying India could face 19% tariffs…
Hong Kong: Chinese buyers absent from Hong Kong market amid sluggish mainland retail demand, which focuses on diamonds under 1 ct…
 
Hong Kong: Chinese buyers absent from Hong Kong market amid sluggish mainland retail demand, which focuses on diamonds under 1 ct…  
View Full Report
Rapaport Newsletter Banner
Rapaport Newsletter Banner
Larger Diamonds in Hot Demand at De Beers Sight
By Joshua Freedman

Rough of 2.50 to 4 carats has been strong for two months, leaving some perplexed amid mixed polished sales.

Read More
Rapaport Newsletter Banner
IGI Reiterates Intention to Treat Lab-Grown the Same as Natural
By Leah Meirovich

Institute will not stop grading synthetics or label them differently, unlike HRD or GIA, it says.

Read More
Burgundy Diamond Mines will temporarily shut operations at Point Lake open pit until market recovers.
Ekati Owner Lays Off ‘Several Hundred’ Employees, Closes Part of Deposit
Burgundy Diamond Mines will temporarily shut operations at Point Lake open pit until market recovers.
See More
Sales at jewelry maisons up 7% year on year in first quarter.
US Demand Drives Rise in Richemont Revenue
Sales at jewelry maisons up 7% year on year in first quarter.
See More
Production up 76% year on year in second quarter following temporary shutdown a year ago.
Rio Tinto Output Spikes as Operations Normalize
Production up 76% year on year in second quarter following temporary shutdown a year ago.
See More
Arun Narayan will succeed Ajoy Chawla from January 1, 2026.
Titan Names New Head of Jewelry Division
Arun Narayan will succeed Ajoy Chawla from January 1, 2026.
See More
Production also drops amid processing of lower-grade ore.
Mountain Province Revenue Slides as Rough Prices Fall
Production also drops amid processing of lower-grade ore.
See More
He led the company from 2011 to 2016, overseeing its ownership transition.
Former De Beers CEO Philippe Mellier Dies at 69
He led the company from 2011 to 2016, overseeing its ownership transition.
See More
Online spending over the four days increased 30% year on year.
Prime Day Soars with $24B in Sales
Online spending over the four days increased 30% year on year.
See More
Company drops two places to 69th, with revenue falling 5% in 2024.
Signet Slips Down Top 100 Retailers List
Company drops two places to 69th, with revenue falling 5% in 2024.
See More
V&A will showcase 250 objects at show, which launches in September.
London Museum to Spotlight Marie Antoinette’s Jewels
V&A will showcase 250 objects at show, which launches in September.
See More
Top-tier shoppers boost spending on fine pieces as less-affluent buyers retreat.
Jewelry Demand Steady Amid Luxury Slowdown, BCG Finds
Top-tier shoppers boost spending on fine pieces as less-affluent buyers retreat.
See More
Shipments down 6% year on year in June.
Swiss Watch Exports Continue Declining Post-Surge
Shipments down 6% year on year in June.
See More
CONTACT US
Facebook logo       Twitter logo       LinkedIn logo       RSS logo       Email logo
© Copyright 2026 by Rapaport USA Inc. All Rights Reserved.
Rapaport®, TradeWire®, RapNet®, Index® and JNS® Jewelry News Service are
registered trademarks.