RAPAPORT®
NewsBrief
September 4, 2023
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GIA Lays Off 151 Employees at Carlsbad Headquarters
The Gemological Institute of America (GIA) has cut some 20% of the workforce at its Carlsbad, California, headquarters amid a prolonged slowdown in the industry.
Christie’s Nixes Final Sale of Heidi Horten Jewels
Auction house will not sell last 300 pieces due to backlash over collection owner’s Nazi ties.
Signet Sales Drop as US Retail Challenges Continue
Engagements declined during first half of the year.
Macy’s Spots a Worrying Trend
What could consumers’ credit problems mean for diamond sales?
Trending Stories
Rapaport Market Comment: August 31, 2023
Agape Diamonds Receives Warning over Lab-Grown Disclosure
Broken English: Attainable Chic
Events
Rapaport Single Stone Auction
September 12-26
New York & Israel
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Rapaport Quarterly Pawnshop Auction
September 18-27
New York & Dubai
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Rapaport Melee Auction
September 19-29
New York & Dubai
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RapNet Diamond Index (RAPI™)
Diamond Data
Size
Index
Weekly
Monthly
Y2Y
 0.30 ct
1463
-1.86%
-5.08%
-3.87%
 0.50 ct
2050
-2.84%
-9.87%
-29.59%
 1.00 ct
6373
-1.52%
-5.02%
-24.83%
 3.00 ct
22780
-0.34%
-2.03%
-14.43%
Rapaport Investment Grade Diamonds
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