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NewsBrief
December 20, 2023
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G7 Members Confirm Bans on Russian Diamonds
The European Union and other Group of Seven (G7) members will implement prohibitions on Russian diamonds from next month, as debates over potential tracing methods intensify.
US, Hong Kong Drive Record Month for Swiss Watch Exports
Total shipments for November up 3.1% year on year.
Malyia McNaughton Takes Over as President of BIJC
Three new members join Black in Jewelry Coalition’s board of directors.
India’s Rough Imports Slump Amid Supply Freeze
Polished exports fell at slower rate in November than in previous months.
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RapNet Diamond Index (RAPI™)
Diamond Data
Size
Index
Weekly
Monthly
Y2Y
 0.30 ct
1,413
0.51%
0.76%
-4.39%
 0.50 ct
1,957
0.70%
1.46%
-26.93%
 1.00 ct
5,965
-0.07%
0.22%
-21.41%
 3.00 ct
22,022
0.03%
-0.70%
-11.80%
Rapaport Investment Grade Diamonds
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