NewsBrief October 9, 2023 11ct. Infinite Blue Diamond Misses Expectations The 11.28-carat Infinite Blue diamond fell short of its low estimate at a one-off Sotheby’s Hong Kong auction, garnering $25.3 million. Record Discounts to Drive Increase in Online Holiday Spending Revenue for November and December will rise 4.8% to $221.8 billion, predicts Adobe. Lucapa Names Nick Selby Managing Director Former operations head took over as interim CEO following Stephen Wetherall’s departure. Petra’s Rough Prices Slip at Early Tender Average of $88 per carat is 16% to 18% lower than previous sale’s result. Trending Stories Bumpy Ride Ahead Amid Synthetic-Diamond Shake-Up Market Comment: October 5, 2023 Podcast: Chaumet’s Golden Age Events Rapaport Melee Auction October 10-18 New York & Dubai More Details Rapaport Single Stone Auction October 15-17 Dubai More Details Rapaport Single Stone Auction October 17-25 New York & Israel More Details RapNet Diamond Index (RAPI™) Diamond Data Size Index Weekly Monthly Y2Y  0.30 ct 1,413 -0.79% -2.88% -5.59%  0.50 ct 1,925 -0.68% -5.50% -31.70%  1.00 ct 5,987 -1.12% -5.02% -26.42%  3.00 ct 22,026 -0.69% -3.49% -15.39% Rapaport Investment Grade Diamonds

CONTACT US

© Copyright 2024 by Rapaport USA Inc. All Rights Reserved. Rapaport®, TradeWire®, RapNet®, Index® and JNS® Jewelry News Service are registered trademarks.