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NewsBrief
September 27, 2023
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India to Pause Rough-Diamond Imports for Two Months
The Indian diamond sector has recommended a two-month freeze on rough imports, its most drastic emergency measure since the Covid-19 crisis.
De Beers Expects Oversupply to Continue for Now
Consumer demand is lagging behind 2021 and 2022 levels, miner says in Diamond Insight Report.
74ct. Yellow Diamond to Lead Sotheby’s Hong Kong
Top item at October 6 Magnificent Jewels sale expected to bring in up to $5.1 million.
Hearts on Fire Names New Chief Creative Officer
Yunjo Lee previously worked on Tiffany collections with designers Paloma Picasso and Frank Gehry.
News Digest
EU Banning Descriptors ‘Eco,’ ‘Climate Neutral,’ ‘Carbon Neutral’
(JCK)
48% of Surveyed Jewelry Retailers Report Sales Gains in August
(Instore)
David Yurman Alleges These Two Companies Copied Its Designs
(National Jeweler)
Events
Rapaport Melee Auction
September 19-29
New York & Dubai
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Rapaport Melee Auction
October 10-18
New York & Dubai
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October 17-25
New York & Israel
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RapNet Diamond Index (RAPI™)
Diamond Data
Size
Index
Weekly
Monthly
Y2Y
 0.30 ct
1430
-0.49%
-4.31%
-5.48%
 0.50 ct
1981
-1.06%
-6.37%
-30.60%
 1.00 ct
6157
-0.54%
-4.74%
-25.39%
 3.00 ct
22230
-0.64%
-2.76%
-15.01%
Rapaport Investment Grade Diamonds
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