Polished sales slow. Round prices rising gradually, with Jan. RAPI for 1 ct. +0.8%, 0.50 ct. +2.4%. Fancy prices in downward trend. US buyers purchasing for immediate needs only. Shortages supporting prices of round, 0.30 ct., D-H, VS2-SI1 goods. Fresh diamonds starting to appear in market, as almost two months have passed since India’s rough imports resumed. Rapaport urges industry to support Rapaport US Diamond Protocol at Rapaport.com/sanctions. Centurion and AGTA shows see strong attendance but lower sales than last year. Indian domestic demand strong; Titan 3Q sales +22% YOY to $1.7B. China slow as New Year holiday begins. Rapaport wishes everyone a successful Year of the Dragon.

The global downturn is a bigger challenge for the market than the war is, says bourse president Boaz Moldawsky.

Industry consultant Robert Wake-Walker analyzes what we know and what we don’t about the G7 rules.

Olga Oleksenko, founder of the Strong & Precious art foundation, discusses her native country’s rich ornamental traditions and vibrant contemporary scene.