Signet Cautious Ahead of Holiday as 3Q Sales Fall

NewsBrief

December 9, 2024

Sales at Signet Jewelers declined in the third fiscal quarter amid uncertain consumer demand and a slow engagement recovery, prompting a conservative outlook for the holiday season.

Sotheby’s Puts Spotlight on 7ct. Diamond Ring

Fine Jewels sale also includes collections of beauty icon Sydell Miller and theater benefactor Merle Reskin.

Luxury Jewelry Worker Sentenced for Theft of over $1.7M

Manufacturing supervisor took gold, silver and platinum from employer, says US Attorney’s Office.

De Beers’ Strategy Under the Spotlight

What’s next for the sightholder system?

News Digest

51% of Surveyed Jewelers Reported Gains in October

(Instore)

The Snob’s Guide to the Diamond District in New York City

(Town & Country)

Market Comment: December 5, 2024

(Rapaport)

Events

Rapaport Quarterly Pawnshop Auction

December 9-17
New York & Dubai

More Details

Rapaport Melee Auction

December 10-19
New York & Dubai

More Details

Rapaport Single Stone Auction

December 11-25
New York, Dubai & Israel

More Details

RapNet Diamond Index (RAPI™)

Diamond Data

Size

Index

Weekly

Monthly

Y2Y

0.30 ct

1,033

-0.22%

0.95%

-26.30%

0.50 ct

1,663

-0.15%

0.74%

-14.05%

1.00 ct

4,616

-0.19%

-0.26%

-22.68%

3.00 ct

18,224

0.03%

-0.38%

-17.29%

Rapaport Investment Grade Diamonds