Industry preparing for Las Vegas shows. US retail positive. Dealers expect interest in 2 ct. and larger rounds and long fancies at Luxury and JCK, especially antique shapes and warm colors. Prices improving in round, 0.30 to 0.89 ct., D-H, IF-VS2 goods. 5 ct. and larger collection goods robust. Rough market quiet, with dealers expecting low sales and stable prices at May 25-29 De Beers sight. Russia reportedly considering duties on diamond exports to ​support domestic manufacturing. India’s Titan reports growth in studded jewelry, with boost from diamond promotion festival. Burgundy working on sale of troubled Ekati mine. Register for the Rapaport JCK breakfast here.

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Most of the AI being sold to the trade fails on a real stone. Eliran Dahan and Tal Kenig, cofounders of 3D Foundry Labs, talk about what works instead.