RAPAPORT®
NewsBrief
November 28, 2023
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Pink Diamond Nabs Supreme $11M Price at Christie’s
A ring featuring a 15.48-carat diamond known as the Pink Supreme was the star item at the most recent Christie’s jewelry auction in Hong Kong, fetching HKD 83.9 million ($10.8 million).
Tourism Recovery to Boost Global Luxury Spending – Bain
Jewelry market will exceed $32 billion this year amid investment demand, report estimates.
India’s Rough Imports Rise Despite Supply Freeze
Polished exports declined in October, latest figures show.
Inspired Jewels Shine at Salon Art + Design
Ten exhibitors display eye-catching vintage and contemporary pieces at New York fair.
News Digest
Angola’s New Diamond Mine Opens Against Backdrop of Weak Demand
(Reuters)
Surat’s Diamond Units Reopen After Recession-Induced Long Holidays
(The Indian Express)
Warrior Pieces – How Jewelry Toughened Up
(Financial Times)
Events
Rapaport Single Stone Auction
November 21 - December 4
New York & Israel
More Details
Rapaport Quarterly Pawnshop Auction
December 11-19
New York & Dubai
More Details
Rapaport Melee Auction
December 12-21
New York & Dubai
More Details
RapNet Diamond Index (RAPI™)
Diamond Data
Size
Index
Weekly
Monthly
Y2Y
 0.30 ct
1,407
0.34%
0.55%
-3.83%
 0.50 ct
1,937
0.58%
1.67%
-27.79%
 1.00 ct
5,966
0.03%
0.75%
-22.20%
 3.00 ct
22,108
-0.22%
0.35%
-12.14%
Rapaport Investment Grade Diamonds
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