Indian Consumers Not Into Synthetics, Seek Natural: Titan

NewsBrief

August 7, 2024

Domestic customers at Titan Company are less interested in buying synthetic diamonds than their US and overseas counterparts, looking more for assurances that the stones they purchase are natural.

Petra Postpones First Tender to Limit Diamond Supply

Miner will offer rough from South African operations in October due to weak demand.

Famous Abernethy Pearl Makes Its Way to the Sale Block

Scottish freshwater specimen is largest of its kind in living memory to go up for auction.

Berkshire Hathaway Retail Sales Slide Amid Lower Consumer Traffic

Revenue from the division, which includes three jewelry companies, fell 4.5% in second quarter.

News Digest

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Events

Rapaport Melee Auction

August 14-22
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September 4-11
New York & Israel

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September 16-26
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RapNet Diamond Index (RAPI™)

Diamond Data

Size

Index

Weekly

Monthly

Y2Y

0.30 ct

1,097

-0.25%

-5.47%

-28.77%

0.50 ct

1,756

-0.59%

-5.34%

-22.40%

1.00 ct

4,916

-0.59%

-5.41%

-26.51%

3.00 ct

18,881

-0.88%

-4.68%

-18.41%

Rapaport Investment Grade Diamonds