RAPAPORT®
NewsBrief
May 8, 2024
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De Beers Cuts Prices of Smaller Rough Diamonds
De Beers reduced prices for smaller rough diamonds at this week’s sight, though manufacturers say the adjustments aren’t enough to ease their profitability challenges.
GEMTalks Illuminates the Value of Light Performance
IGI’s John Pollard and Ideal-scope inventor Garry Holloway will discuss how this diamond report can add benefit beyond the 4Cs.
$7M Historic Yellow Diamond to Headline Sotheby’s Sale
101.29-carat Allnatt diamond previously featured at Smithsonian.
Richemont Adds Italian Jeweler to Its Luxury Stable
New acquisition Vhernier also operates a heritage silverware home decor brand.
News Digest
Cartier Honors $13K Online Price Mistake
(JCK)
Indian Voters Gifted Diamond Rings as Participation Incentive
(The Times of India)
Mike Asscher on the Innovative Legacy of Royal Asscher
(Prestige)
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May 8-21
New York & Israel
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Rapaport Melee Auction
May 14-23
New York & Dubai
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Rapaport Breakfast at JCK: State of the Diamond Industry – Special Presentation by Martin Rapaport
June 2
8-10 a.m. PDT
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RapNet Diamond Index (RAPI™)
Diamond Data
Size
Index
Weekly
Monthly
Y2Y
 0.30 ct
1,334
-0.41%
-3.57%
-17.23%
 0.50 ct
2,042
0.06%
-0.28%
-20.36%
 1.00 ct
5,722
-0.42%
-3.95%
-20.12%
 3.00 ct
20,951
-0.43%
-2.34%
-12.66%
Rapaport Investment Grade Diamonds
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