{"id":15080,"date":"2026-02-04T15:30:58","date_gmt":"2026-02-04T15:30:58","guid":{"rendered":"https:\/\/www.rapnet.com\/?post_type=newsletter&p=15080"},"modified":"2026-05-20T07:48:56","modified_gmt":"2026-05-20T07:48:56","slug":"the-diamond-pulse-february-2026","status":"publish","type":"newsletter","link":"https:\/\/rapaport.com\/trade\/newsletters\/the-diamond-pulse-february-2026\/","title":{"rendered":"The Diamond Pulse – February 2026"},"content":{"rendered":"\n

Tariff Splits, Selective Demand, and a Cautious Start to 2026<\/strong><\/h3>\n\n\n\n

The diamond market entered 2026 with familiar pressure points still front and center: tariffs, synthetics, and uncertainty around De Beers\u2019 future continued to weigh on sentiment. Pricing also grew increasingly uneven, with a widening gap between US and Indian markets as tariff dynamics reshaped trading behavior and discounts.<\/p>\n\n\n\n

On the product side, demand remained selective. Polished above 1 carat showed more resilience, while smaller goods faced steeper declines, reinforcing the market\u2019s split between stronger, better-performing categories and weaker, price-sensitive goods. <\/p>\n\n\n\n

In India, trading stayed relatively quiet amid soft pricing and ongoing caution from manufacturers, with higher gold prices adding another layer of complexity for jewelry buying and merchandising decisions.<\/p>\n\n\n\n

\"Get<\/a><\/figure>\n\n\n\n
\n\n\n\n

Here’s your diamond market analysis from Rapaport Trade for January 2026<\/h3>\n\n\n\n

In January, 1-carat diamond prices showed signs of stabilization, with declines moderating in several categories and select segments posting gains.<\/p>\n\n\n\n

D-F and G-J color diamonds in IF-VVS and VS clarities declined by an average of 1.2%, marking a slower pace of decline compared to previous months. In contrast, K-M diamonds in VS clarity recorded a 2.2% increase during the month. SI-clarity diamonds across D-F, G-J, and K-M colors were largely stable, with an average decline of just 0.1%, including a modest gain of 0.3% in D-F SI goods.<\/p>\n\n\n\n

Inventory distribution remained steady, with G-J colors across IF-VVS, VS, and SI clarities together representing 59.3% of Rapaport Trade listings in the 1-carat segment.<\/p>\n\n\n\n

Search behavior on Rapaport Trade remained consistent, with D-F IF-VVS and G-J VS diamonds continuing to receive the highest search volume.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Please note: the searches breakdown are a breakdown of buyers searches on Rapaport Trade<\/p>\n\n\n\n

<<Click here>> <\/a>to join the industry’s largest and most trusted 
diamond, gem and jewelry trading network.<\/strong><\/p>\n\n\n\n

<\/p>\n","protected":false},"featured_media":16656,"template":"","meta":{"_acf_changed":false,"inline_featured_image":false},"class_list":["post-15080","newsletter","type-newsletter","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/rapaport.com\/trade\/wp-json\/wp\/v2\/newsletter\/15080","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rapaport.com\/trade\/wp-json\/wp\/v2\/newsletter"}],"about":[{"href":"https:\/\/rapaport.com\/trade\/wp-json\/wp\/v2\/types\/newsletter"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rapaport.com\/trade\/wp-json\/wp\/v2\/media\/16656"}],"wp:attachment":[{"href":"https:\/\/rapaport.com\/trade\/wp-json\/wp\/v2\/media?parent=15080"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}