Podcast: Luxury’s Transparency Challenges

NewsBrief

May 1, 2024

Traceability in the luxury sector was the topic of the latest Rapaport Diamond Podcast episode, which featured two experts from the field.

BHP Makes $38.8 Billion Bid for Anglo American

De Beers Group owner’s shares up 12% following offer.

De Beers Lowers Production Plan

Sales and output fell in first quarter due to sluggish market.

Mother’s Day Jewelry Spending to Slip Slightly

Overall outlay for the holiday will come to some $33.5 billion, according to the NRF.

News Digest

LVMH vs. Kering: Inside Bernard Arnault and François-Henri Pinault’s Battle to Conquer Hollywood

(Robb Report)

Surat, Not Belgium: India Pushes Back on G7's Diamond Checks

(Mint)

Shopping for ‘the Classics’: Why the Pre-Owned Luxury Watch Market Is Thriving

(CNN)

Events

Rapaport Single Stone Auction

May 8-20
New York & Israel

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Rapaport Melee Auction

May 14-23
New York & Dubai

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Rapaport Single Stone Auction

June 10-19
New York & Israel

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RapNet Diamond Index (RAPI™)

Diamond Data

Size

Index

Weekly

Monthly

Y2Y

0.30 ct

1,340

-0.36%

-3.64%

-16.77%

0.50 ct

2,041

-0.39%

-0.19%

-20.71%

1.00 ct

5,746

-0.97%

-3.55%

-19.75%

3.00 ct

21,040

-0.57%

-2.63%

-12.54%

Rapaport Investment Grade Diamonds