RAPAPORT®
NewsBrief
January 19, 2023
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Is Lab-Grown Still a Dirty Word in the Industry?
Some jewelers are keeping their synthetics sales low-key to avoid pushback from the trade.
Kim Kardashian Buys Princess Diana Cross Pendant at Auction
Diamond-and-amethyst jewel fetches almost $200,000 at Sotheby’s.
Holiday Sales Miss Target as Inflation Dents Spending
Revenue rose 5% year on year, below National Retail Federation’s forecast.
Jewelry Sales Drive Strong Growth at Richemont
US and European demand outweighed slow Chinese market in third fiscal quarter.
News Digest
EU Considers Classifying Russian Diamonds as ‘Blood Diamonds’
(The Brussels Times)
No Clearance for Bunder Diamond Mining Project
Subscription Required
(The Economic Times)
Gen Z Is Driving Luxury Sales as Wealthy Shoppers Get Younger
(CNBC)
Events
Rapaport Single Stone Auction
January 18-30
New York & Israel
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Rapaport Jewelry Auction
January 23-25
New York & Online
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Rapaport Melee Auction
January 24 - February 2
New York & Dubai
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RapNet Diamond Index (RAPI™)
Diamond Data
Size
Index
Weekly
Monthly
Y2Y
 0.30 ct
1513
1.12%
2.51%
-6.40%
 0.50 ct
2673
0.08%
-0.27%
-11.51%
 1.00 ct
7508
-0.14%
-1.27%
-12.08%
 3.00 ct
24736
-0.12%
-1.22%
-4.76%
Rapaport Investment Grade Diamonds
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