Letter from Boaz Moldawsky to industry members.
RAPAPORT… In the era of fake news and synthetic diamonds,...
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Wedding Plans: What Nuptial Jewelry Are Couples Buying?
Keep calm and marry on: Even with sales flagging after Covid-19, wedding jewelry is still a ‘yes’ for shoppers. Synthetics, yellow gold and personal touches are among the latest trends.
Pamela Danziger, founder of Unity Marketing, offers her insights on how affluent couples choose the ring of their dreams.
Talking shop: Jewelers share their most popular designs, client requests and price points for the bridal category.
Market Comment - Oct. 05, 2023
India domestic diamond market very strong, but international sales very weak.
De Beers frees sightholders from contracts for rest of year but does not cancel sights. De Beers September sight $200M, -61% YOY; YTD sales $3.4B, -31% YOY.
Rapaport predicts total 2023 De Beers sales of $3.8B, -34% from 2022.
De Beers-Botswana deal moves forward with “heads of terms” document.
Rapaport warns trade not to approve WDC G7 protocol, as this will eliminate small- to medium-sized companies and reduce free-market competition.
Okavango cancels November spot auction due to weak market.
HB reinstates Oded Mansori in apparent attempt to save Botswana deal.
Industry mourns former JCK editor Hedda Schupak.
Country comments will return next week following the Jewish holidays.