RAPAPORT®
NewsBrief
January 25, 2023
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Podcast: Selling Diamonds on Instagram
Icerock Diamonds owner Sam Karmiel chats with Rapaport’s Avi Krawitz about his journey in the industry and how he started using Instagram to engage with customers and close sales.
Luxury Strength Drives Growth in Swiss Watch Trade
Exports rose in 2022 as US demand outweighed China slowdown.
Strong Holiday Sales Spur Record Revenue at Michael Hill
Spending shifted from e-commerce toward physical stores.
Tanishq Targets ‘Indian Diaspora’ with First US Store
New Jersey showroom is latest phase in Titan-owned brand’s international expansion plan.
News Digest
Lab-Grown Industry Wants to Stop Using Rap List – But Probably Won’t
(JCK)
Brides Buy Half of All Gold Jewelry Sold in India – World Gold Council
(Business Insider)
Generation Z Finding Time for Secondhand Luxury Watches
(Barron’s)
Events
Rapaport Single Stone Auction
January 18-30
New York & Israel
More Details
Rapaport Jewelry Auction
January 23-25
New York & Online
More Details
Rapaport Melee Auction
January 24 - February 2
New York & Dubai
More Details
RapNet Diamond Index (RAPI™)
Diamond Data
Size
Index
Weekly
Monthly
Y2Y
 0.30 ct
1531
1.19%
3.28%
-5.59%
 0.50 ct
2682
0.35%
0.30%
-13.04%
 1.00 ct
7533
0.42%
-0.41%
-15.91%
 3.00 ct
24762
0.24%
-0.56%
-8.98%
Rapaport Investment Grade Diamonds
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