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NewsBrief
March 11, 2024
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Four Questions the US Must Answer on Diamond Sanctions
A broader US ban on Russian diamonds went into effect on March 1, but uncertainty remains about key details.
US Sanctions Zimbabwe President for Diamond Smuggling
Emmerson Mnangagwa also accused of serious human-rights abuses and other corrupt activities.
Studio Renn: Using Grey Matter
Known for pairing unusual materials such as concrete with diamonds and unconventional finishes, this Mumbai-based brand takes its cue from contemporary art.
Are De Beers’ Lab-Grown Prices Too High?
Lightbox’s new standard rate of $600 per carat still puts the brand on the expensive side.
News Digest
The Best Oscar Jewels Had a New Type of Glamour
(The Adventurine)
Luxury Shoppers Will Not Spend More in 2024: Survey
(Instore)
Market Comment: March 7, 2024
(Rapaport)
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March 19
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RapNet Diamond Index (RAPI™)
Diamond Data
Size
Index
Weekly
Monthly
Y2Y
 0.30 ct
1,408
-0.33%
-1.33%
-11.32%
 0.50 ct
2,045
0.29%
-0.23%
-23.11%
 1.00 ct
5,986
-0.10%
-1.27%
-19.65%
 3.00 ct
21,679
-0.48%
-1.90%
-11.48%
Rapaport Investment Grade Diamonds
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