Joshua Freedman

Joshua Freedman is Rapaport's Senior Analyst. He regularly contributes to Rapaport.com as well as the Rapaport Market Comment.

Assessing the impact of De Beers, Alrosa, Angola — and the tariffs.
The market yearned for clarity. It got more uncertainty at a higher price.
“It’s a black day for the gem and jewelry sector,” says GJEPC chairman.
Dealers expect a late season as large US jewelry retailers keep leaner inventories.
The inventory dilemma plaguing the market today is about more than the number of diamonds in the safe.
Offloading inventory at reduced margins supported sales amid difficult market conditions.
Rough of 2.50 to 4 carats has been strong for two months, leaving some perplexed amid mixed polished sales.
The world’s largest polished manufacturer has adopted a sales model that mushroomed in popularity during the market downturn.
The show reflected a split diamond market: Demand for long fancies and large round stones was solid amid slow trading in bread-and-butter goods.
From ovals to long cushions, the show was strong for exhibitors with the right loose stones. Yet most goods remain weak as tariffs and synthetics continue to impact the market.
Picture of Joshua Freedman

Joshua Freedman

Joshua Freedman is Rapaport’s Senior Analyst. He regularly contributes to Rapaport.com as well as the Rapaport Market Comment.