RAPAPORT®
NewsBrief
March 4, 2024
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US to Require Self-Certification for Russian Diamond Ban
The US and the UK will require importers of polished diamonds weighing 1 carat and above to apply a “self-certification” declaring the stones are not of Russian origin. The UK will also expect documentary proof in some cases.
Alrosa Sales Rise Despite Sanctions
Profit fell in 2023; miner withholds information on location of customers.
Podcast: Carvin French’s Enchanting Objets D’art
André Chervin’s intricate decorative objects are on public display for the first time. His daughter Carole talks us through the process of their creation.
Anglo American Lowers De Beers’ Value
Plus: What happened to the miner's inventories in 2023?
News Digest
Is Time Up for the Luxury Watch Boom?
Subscription Required
(Financial Times)
Different Matter: Wood, Leather and Metal Jewelry Is Having a Moment
(South China Morning Post)
Market Comment: February 29, 2024
(Rapaport)
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February 28 – March 11
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March 11-19
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RapNet Diamond Index (RAPI™)
Diamond Data
Size
Index
Weekly
Monthly
Y2Y
 0.30 ct
1412
-0.21%
-0.62%
-10.77%
 0.50 ct
2039
0.32%
0.49%
-23.54%
 1.00 ct
5992
-0.13%
-0.60%
-19.67%
 3.00 ct
21782
-0.12%
-1.33%
-11.23%
Rapaport Investment Grade Diamonds
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