Diamond Trade Must Bite the Bullet on Marketing, Leaders Say

NewsBrief

November 27, 2024

The diamond industry is falling short when it comes to category marketing, leading figures said in Antwerp Tuesday, calling for every member of the trade to play a role in promoting the natural product.

Phillips Shines Spotlight on 43ct. Yellow Diamond

Ring will lead auction house’s December 13 sale in New York, where it is expected to bring in up to $850,000.

Gemfields Emerald Auction ‘Disappoints’ Amid Competition, Slow Demand

Higher-quality goods performed very well, while the miner held back other items.

Natural and Lab-Grown Diamonds: Drilling into the Differences

LinkedIn Live discussion focuses on the formation story.

News Digest

Want a Diamond? You’ll Need to Decide on Lab-Grown or Natural

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(The New York Times)

US Criticizes Kimberley Process Inaction on Russia

(JCK)

BIPOC Designers Discuss Inclusivity, Community and Striving to Thrive

(Only Natural Diamonds)

Events

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November 17 – December 5
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December 9-19
New York & Dubai

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Rapaport Single Stone Auction

December 11-25
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RapNet Diamond Index (RAPI™)

Diamond Data

Size

Index

Weekly

Monthly

Y2Y

0.30 ct

1,036

0.54%

1.61%

-26.31%

0.50 ct

1,664

-0.05%

1.27%

-13.92%

1.00 ct

4,621

0.05%

0.30%

-22.43%

3.00 ct

18,211

-0.60%

-0.03%

-17.61%

Rapaport Investment Grade Diamonds