NewsBrief February 14, 2023 The Industry’s Russia Crisis: The Importance of Alrosa The diamond market has yet to feel the full effect of the war in Ukraine. Initial predictions pointed to a potential supply shortage that would result from having Alrosa, with its large share of global rough production, off the market. However, those scarcities have not emerged significantly. Robust Luxury Market Boosts Watches of Switzerland Revenue rose 17% year on year in third fiscal quarter, driven by expansion in Europe. Dazzling Diamond Pieces to Lead Bonhams Auction Top item is marquise-shaped, 6.09-carat diamond ring with high estimate of $200,000. New Initiative Tackles Colored-Stone Traceability AGTA partners with Colorado School of Mines to bring transparency to African gem operations. News Digest Indian Lab-Grown Diamonds Set for Bigger Sparkle After Government Push (Money Control) What It’s Like to Shop for Gems at One of the Jewelry World’s Biggest Events (Robb Report) Jewelers Hungry for Valentine’s Day Moments Create Fun Food Collabs (JCK) Events Rapaport Melee Auction February 14-23 New York & Dubai More Details Diamond Trends Webinar with Avi Krawitz: What’s Shaping the Market in 2023? February 15, 10 a.m. EST February 16, 3:30 p.m. India Time Online Register Here Rapaport Single Stone Auction February 15-27 New York & Israel More Details RapNet Diamond Index (RAPI™) Diamond Data Size Index Weekly Monthly Y2Y  0.30 ct 1555 0.93% 3.14% -7.83%  0.50 ct 2677 0.24% -0.08% -16.31%  1.00 ct 7447 -0.13% -0.79% -19.62%  3.00 ct 24764 0.23% -0.12% -12.75% Rapaport Investment Grade Diamonds

CONTACT US

© Copyright 2026 by Rapaport USA Inc. All Rights Reserved. Rapaport®, TradeWire®, RapNet®, Index® and JNS® Jewelry News Service are registered trademarks.