US demand steady ahead of Thanksgiving, Black Friday and Cyber Week. Dealers busy but not expecting record season. Good movement in 2 to 4 ct., G-H, VS-SI categories for rounds and long fancies. E-commerce sales across all products +8% YOY to $79.7B for Nov.1-23, Adobe reports. US diamond prices stable. Indian prices for rounds under 1.20 ct. declining, with 0.50 ct. the weakest size. Indian retail market steady. No consensus for new conflict-diamond definition at Kimberley Process plenary. Chow Tai Fook fiscal 1H sales -1% YOY to $5B. Luk Fook estimates fiscal 1H sales up 20%-30%. The Rapaport Group wishes all our friends a happy Thanksgiving and a successful holiday season.

Join GCAL by Sarine for a real-world look at how GCAL 8X grading is helping independent jewelers build trust, elevate the sales conversation, and close more diamond sales. We’ll provide a high-level overview of 8X, the shapes currently supported, and what’s coming next — followed by a live Q&A with two leading retailers who have achieved consistent success with GCAL 8X in their stores: Randall Cole, CEO & COB, Diamond Vault of Troy, and Paul Cassarino, president, The Gem Lab.

GIA’s Dr. Evan Smith discusses some of the earth’s most remarkable treasures.

Bespoke retailer Alexandra Beth Samit discusses consumers’ reactions to the rising cost of jewelry.