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NewsBrief
December 16, 2024
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Some Sightholders Lose Supply as De Beers Reduces Allocations
De Beers has stripped around 10 sightholders of their rough-diamond allocations for 2025 and is planning to offer fewer goods overall, market insiders told Rapaport News on Sunday.
US Sanctions Diamond and Jewelry Companies Involved in Gold Smuggling
Businesses tied to Kamlesh Pattni, some of which operate in Dubai’s DMCC, are included in list.
Ruby Ring Smashes Estimate Following Bidding Battle at Sotheby’s
Piece fetched $5.5 million against a $2 million upper price tag.
For Signet, Lab-Grown Diamonds Are in Fashion
US jeweler tackles slower-than-expected bridal demand.
Trending Stories
Sightholders Dither on De Beers Rough Despite Price Cut
De Beers Releases 2025 Sight Dates
Market Comment – December 12, 2024
Events
Rapaport Quarterly Pawnshop Auction
December 9-17
New York & Dubai
More Details
Rapaport Melee Auction
December 9-19
New York & Dubai
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Rapaport Single Stone Auction
December 12-25
New York, Dubai & Israel
More Details
RapNet Diamond Index (RAPI™)
Diamond Data
Size
Index
Weekly
Monthly
Y2Y
 0.30 ct
1,039
0.58%
0.80%
-26.20%
 0.50 ct
1,668
0.25%
0.29%
-14.36%
 1.00 ct
4,602
-0.32%
-0.36%
-22.75%
 3.00 ct
18,159
-0.36%
-0.77%
-17.49%
Rapaport Investment Grade Diamonds
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