2024 US Holiday Sales Growth to Be Slow but Steady

NewsBrief

October 21, 2024

US holiday spending is expected to rise modestly compared to the previous year, amid a steady economy and strong job market.

LVMH Jewelry Sales Slip Amid Flagging China Demand

Revenue for the segment down 5% year on year in third quarter.

Mining Challenges Impact Rio Tinto Output

July shutdown of Diavik deposit due to unstable ground dented company's rough production.

Jump in Rough Demand Supports Mountain Province Revenue

Prices at company's two tenders remained relatively consistent.

News Digest

Readers Weigh In About the ‘Diamond Dilemma’ and More

(Instore)

Watch: 2 Experts on the Challenges of Appraising Lab-Grown Diamonds

(National Jeweler)

Regulator Tells Diavik to Consider Longer-Term Climate Change in Closure Plan

(CBC)

Events

Rapaport Melee Auction

October 14-23
New York & Dubai

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Rapaport Single Stone Auction

October 14-30
New York, Dubai & Israel

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Rapaport Melee Auction

November 12-21
New York & Dubai

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RapNet Diamond Index (RAPI™)

Diamond Data

Size

Index

Weekly

Monthly

Y2Y

0.30 ct

1,016

0.05%

-2.98%

-27.61%

0.50 ct

1,642

-0.24%

-4.35%

-13.96%

1.00 ct

4,602

-0.29%

-3.50%

-22.26%

3.00 ct

18,278

-0.07%

-0.97%

-16.92%

Rapaport Investment Grade Diamonds