RAPAPORT®
NewsBrief
February 12, 2024
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Podcast: Russia, Sanctions and the Diamond Market
Industry consultant Robert Wake-Walker analyzes what we know and what we don’t about the G7 rules.
De Beers Rough Prices Slip 6% in 2023
Oversupply in the midstream and lack of demand spur decrease.
Turned to Stone: Shelly Sergent
In this series, we ask gem lovers: If you were to die and could come back as a gem, which one would it be, and why?
Why Is China Buying Higher Colors but Lower Clarities?
Figures from National Gemstone Testing Center shed light on mainland buyers’ diamond preferences.
News Digest
Bankruptcy Court Orders Liquidation of Mehul Choksi-Promoted Gitanjali Gems
(Subscription Required)
(The Economic Times)
‘Dragon Baby’ Frenzy to Drive Up Gold Jewelry Sales by 30%, Gold Prices to Hit Record Highs, Industry Players Say
(South China Morning Post)
Market Comment: February 8, 2024
(Rapaport)
Events
Rapaport Single Stone Auction
February 7-19
New York & Israel
More Details
Rapaport Melee Auction
February 13-22
New York & Dubai
More Details
Rapaport Single Stone Auction
February 28 – March 6
New York & Israel
More Details
RapNet Diamond Index (RAPI™)
Diamond Data
Size
Index
Weekly
Monthly
Y2Y
 0.30 ct
1,430
0.62%
0.56%
-7.83%
 0.50 ct
2,057
1.36%
2.41%
-23.08%
 1.00 ct
6,079
0.86%
0.95%
-18.42%
 3.00 ct
22,215
0.51%
0.88%
-10.23%
Rapaport Investment Grade Diamonds
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