The diamond trade’s trusted bulletin for pricing, trends and news
Weekly since 1980
June 11, 2026
News:
Industry reflecting on positive Las Vegas shows for 2 ct. and larger diamonds. High-end jewelers placed orders at fairs. Small diamonds seeing upward price correction following inventory drop and as brands capitalize on low valuations. May RAPI: 0.30 ct. +2.1%, 0.50 ct. +0.9%, 1 ct. -0.3%, 3 ct. -0.5%. Botswana reportedly seeking Gulf backing for De Beers bid. Petra’s Finsch mine suspends production. Russia bans word “diamond,” carat weights, and color and clarity grades for synthetics. Alrosa launches diamond promotion program. Chow Tai Fook FY revenue +5% to $12B, profit +52% to $1.2B. Pear modified brilliant, 31.62 ct., fancy-blue, VVS1 diamond sells for $8.4M ($265K/ct.) at Christie’s NY.
Fancies:
Long fancy shapes such as Ovals, Marquises and Emeralds doing better than rounds in 2 ct. and larger. High-quality Marquises, long Radiants and long Cushions in short supply. Marquise most expensive fancy shape. Long Cushions easy to sell and trading at 20% to 25% premium over square ones. Antique cuts and styles hot. Solid US market for elongated Ovals of good shape and quality in D-I, VS-SI categories. Very well-cut fancy shapes difficult to find and commanding premiums. Fancies with bad proportions illiquid.
Country Comments
United States
American demand supporting global diamond market. Sentiment strong following Las Vegas shows, where high-end jewelers that carry top luxury brands signed purchase orders and bought goods outright. 2 ct. and larger diamonds moving in rounds and long fancies, with shortages in sought-after qualities (F-I, VS1-SI2).
Belgium
Mood positive across sizes. Reports of strong Luxury show in Las Vegas. 1 to 2 ct. selling well. Belgium May polished exports up 4% year on year at $671.6 million, rough imports down 26% at $230.6 million.
Israel
Few Israeli companies present at Las Vegas shows, reflecting state of local industry. Bourse quiet. Some companies benefiting from strength of 2 ct. and larger rounds and fancies, as well as niche cuts. Israel May polished exports up 3.5% year on year to $25.3 million after returns; rough imports down 43% at $28.6 million.
India
Dealers more confident after JCK show. Positive demand for 1.50 ct. and larger diamonds, long fancy shapes, specialty cuts and unique jewelry designs. Manufacturers showing supply discipline. 7 ct.-plus diamonds selling well. Domestic jewelry market stable.
Hong Kong
Buyers pushing for discounts and purchasing in small quantities to avoid accumulating inventory. Hong Kong first-quarter polished exports up 7% year on year at $2.71 billion, polished imports up 9% at $2.98 billion. Mainland diamond market stable, with slight signs of recovery. Natural and lab-grown consumers developing into two distinct groups.
Market Comment
The diamond trade’s trusted bulletin for pricing, trends and news
Weekly since 1980
June 11, 2026
News:
Industry reflecting on positive Las Vegas shows for 2 ct. and larger diamonds. High-end jewelers placed orders at fairs. Small diamonds seeing upward price correction following inventory drop and as brands capitalize on low valuations. May RAPI: 0.30 ct. +2.1%, 0.50 ct. +0.9%, 1 ct. -0.3%, 3 ct. -0.5%. Botswana reportedly seeking Gulf backing for De Beers bid. Petra’s Finsch mine suspends production. Russia bans word “diamond,” carat weights, and color and clarity grades for synthetics. Alrosa launches diamond promotion program. Chow Tai Fook FY revenue +5% to $12B, profit +52% to $1.2B. Pear modified brilliant, 31.62 ct., fancy-blue, VVS1 diamond sells for $8.4M ($265K/ct.) at Christie’s NY.
Fancies:
Long fancy shapes such as Ovals, Marquises and Emeralds doing better than rounds in 2 ct. and larger. High-quality Marquises, long Radiants and long Cushions in short supply. Marquise most expensive fancy shape. Long Cushions easy to sell and trading at 20% to 25% premium over square ones. Antique cuts and styles hot. Solid US market for elongated Ovals of good shape and quality in D-I, VS-SI categories. Very well-cut fancy shapes difficult to find and commanding premiums. Fancies with bad proportions illiquid.
Country Comments
American demand supporting global diamond market. Sentiment strong following Las Vegas shows, where high-end jewelers that carry top luxury brands signed purchase orders and bought goods outright. 2 ct. and larger diamonds moving in rounds and long fancies, with shortages in sought-after qualities (F-I, VS1-SI2).
Mood positive across sizes. Reports of strong Luxury show in Las Vegas. 1 to 2 ct. selling well. Belgium May polished exports up 4% year on year at $671.6 million, rough imports down 26% at $230.6 million.
Few Israeli companies present at Las Vegas shows, reflecting state of local industry. Bourse quiet. Some companies benefiting from strength of 2 ct. and larger rounds and fancies, as well as niche cuts. Israel May polished exports up 3.5% year on year to $25.3 million after returns; rough imports down 43% at $28.6 million.
Dealers more confident after JCK show. Positive demand for 1.50 ct. and larger diamonds, long fancy shapes, specialty cuts and unique jewelry designs. Manufacturers showing supply discipline. 7 ct.-plus diamonds selling well. Domestic jewelry market stable.
Buyers pushing for discounts and purchasing in small quantities to avoid accumulating inventory. Hong Kong first-quarter polished exports up 7% year on year at $2.71 billion, polished imports up 9% at $2.98 billion. Mainland diamond market stable, with slight signs of recovery. Natural and lab-grown consumers developing into two distinct groups.
Previous Market Comments
Market Comment: June 4, 2026
Market Comment: May 28, 2026
Market Comment: May 20, 2026
Market Comment: May 14, 2026
Market Comment: May 7, 2026
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Previous Market Comments
Market Comment: June 4, 2026
Market Comment: May 28, 2026
Market Comment: May 20, 2026
Market Comment: May 14, 2026
Market Comment: May 7, 2026
Market Comment: April 30, 2026