RAPAPORT®
NewsBrief
October 12, 2023
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Diamond Market Worsens in September
RAPAPORT PRESS RELEASE, October 12, 2023, Las Vegas… Diamond prices fell further in September as retail sales weakened amid competition from synthetics.
Jewelry Sales Slip at LVMH
Segment down 5% year on year in third quarter.
Gem Diamonds Recovers 102ct. Rough from Letšeng
Stone is only the second over 100 carats that miner has unearthed this year.
The Weekly Gems: News and Videos from Around the Web
Including a look at China’s disappointing Golden Week, and why it’s important to keep jewelry archives.
News Digest
Israel-Palestine Conflict Not Likely to Impact Gem, Jewelry Sector: GJEPC
(Business Standard)
LVMH Catches the Eye with High-End Lab-Created Diamonds
(Reuters)
De Beers Enlists DC Lobbyists as Russian Diamond Ban Looms
(JCK)
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
1,405
-1.11%
-3.02%
-5.90%
 0.50 ct
1,915
-1.22%
-5.57%
-31.50%
 1.00 ct
5,962
-1.09%
-4.98%
-26.17%
 3.00 ct
22,040
-0.21%
-2.86%
-15.06%
Rapaport Investment Grade Diamonds
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