RAPAPORT®
NewsBrief
September 2, 2024
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Is Diamond Production on the Decline?
The drop in diamond recoveries is a response to market conditions, but also a reflection of diminishing prospects for viable new mines.
De Beers and Titan Unite to Boost Natural Diamonds in India
Long-term collab between miner and jewelry giant will focus on marketing, consumer outreach, and educating retail staff.
Gem Diamonds Lifts Full-Year Guidance Amid Increase in Large Stones
Miner recovered eight rough specimens over 100 carats in first half, compared to two during the same period a year ago.
Three Facts We Learned from IGI’s IPO Filing
Grading lab seeks to raise $477 million on stock market.
News Brief
The Most Spectacular Jewelry on the Red Carpet in Venice
(Vogue)
What Does Remediation of the Diavik Diamond Mine Look Like?
(CBC)
Market Comment: August 29, 2024
(Rapaport)
Events
Rapaport Quarterly Pawnshop Auction
September 16-24
New York & Dubai
More Details
Rapaport Melee Auction
September 17-26
New York & Dubai
More Details
Rapaport Single Stone Auction
September 17 – October 1
New York, Dubai & Israel
More Details
The RapNet Diamond Index (RAPI™) is being revised due to elimination of diamond listings from China. These diamonds have been listed at low prices, with sellers demanding extra fees related to currency conversion. This week’s technical increase in RAPI indices does not reflect any sudden change in market conditions or prices.
RapNet Diamond Index (RAPI™)
Diamond Data
Size
Index
Weekly
Monthly
Y2Y
 0.30 ct
1,067
-3.19%
-2.87%
-27.22%
 0.50 ct
1,747
-1.89%
-0.77%
-14.81%
 1.00 ct
4,886
-1.30%
-1.03%
-23.40%
 3.00 ct
18,872
-0.70%
-0.59%
-17.05%
Rapaport Investment Grade Diamonds
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