A crucial change to GIA grading reports could restore confidence among the trade and consumers.
Prices for Rough at TAGS Tender Exceed Expectations
Sale of specials achieves 95% sell-through rate.
Larger Diamonds in Hot Demand at De Beers Sight
Rough of 2.50 to 4 carats has been strong for two months, leaving some perplexed amid mixed polished sales.
Rough diamonds of 2.5 carats and larger are seeing solid sales at this week’s De Beers sight, prompting both optimism and bafflement given the mixed demand for polished.
Many sightholders are buying their allocated goods in that size range while leaving smaller items on the table, market insiders told Rapaport News on Monday and Tuesday.
De Beers has kept prices and flexibility rules…
Please Log in to your Account or Subscribe Now
This content is available only to Rapaport Price List and Trade Members
Stay Up-to-Date with Rapaport Industry News and Analysis
Top Stories from Rapaport
Anglo American Mulling $1B De Beers Sale – Report
Gareth Penny-led consortium would pay $750 million up front, Bloomberg says.
Weak Market and Product Mix Dent Petra Revenue
Sales value down 24% in fourth quarter and flat for full year.