NewsBrief January 6, 2025 Three Questions for the Diamond Industry as 2025 Begins A year ago, we highlighted three issues that would be important for the trade in 2024. How did these ultimately develop, and what’s in store for the year to come? Hong Kong Luxury Sales Improve Slightly Even as Downturn Persists Shifting spending patterns and increased strength in local currency impacted November revenue. Longtime Head of Cartier North America Steps Down Mercedes Abramo has worked for the company since 2008, starting as director of its New York flagship. Alrosa Predicts Rebalancing of Supply and Demand in Diamond Market Miner also believes the threat of lab-grown will diminish as prices continue to drop. News Digest Rolex Raises Prices Amid Gold-Price Surge: Reports (JCK) How Anya Taylor-Joy’s Golden Globes Tiffany Necklace Debunks a Jewelry Conspiracy Theory (Town & Country) Market Comment: January 2, 2025 (Rapaport) Events Rapaport Melee Auction January 21-29 New York & Dubai More Details Rapaport Single Stone Auction January 26 – February 12 Dubai, Israel & New York More Details Rapaport Melee Auction February 18-26 New York & Dubai More Details RapNet Diamond Index (RAPI™) Diamond Data Size Index Weekly Monthly Y2Y  0.30 ct 1,041 -0.50% 0.65% -26.68%  0.50 ct 1,680 -0.08% 0.90% -15.79%  1.00 ct 4,575 -0.53% -0.96% -23.68%  3.00 ct 18,201 -0.35% -0.05% -17.28% Rapaport Investment Grade Diamonds

CONTACT US

© Copyright 2025 by Rapaport USA Inc. All Rights Reserved. Rapaport®, TradeWire®, RapNet®, Index® and JNS® Jewelry News Service are registered trademarks.