RAPAPORT®
NewsBrief
August 6, 2024
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Diamond Prices Decline in July
RAPAPORT PRESS RELEASE, August 6, 2024, Las Vegas… Diamond prices dropped sharply in July amid slow retail sales and an oversupply in India.
Shift in Domestic Spending Hits Hong Kong Luxury Sales
Increased number of local and Chinese consumers are buying abroad.
Fancy-Color Price Index Shows Slight Decline
Yellows have fared the worst, falling 1.4% over the past year.
Angola Special-Stone Tender Brings In $22M
All 45 stones on offer found buyers at joint TAGS and Sodiam sale.
Trending Stories
NY Diamond Dealer Indicted for Swapping Synthetics for Natural
What Can We Learn from De Beers’ Diamond Price Index?
De Beers Slashes Production Outlook
Events
Rapaport Single Stone Auction
July 31 – August 7
New York & Israel
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Rapaport Melee Auction
August 14-22
New York & Dubai
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Rapaport Single Stone Auction
September 4-11
New York & Israel
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RapNet Diamond Index (RAPI™)
Diamond Data
Size
Index
Weekly
Monthly
Y2Y
 0.30 ct
1,096
-0.33%
-5.60%
-28.80%
 0.50 ct
1,755
-0.54%
-5.42%
-22.47%
 1.00 ct
4,919
-0.49%
-5.45%
-26.44%
 3.00 ct
18,946
-0.34%
-4.32%
-18.05%
Rapaport Investment Grade Diamonds
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