{"id":7841,"date":"2025-04-06T12:50:38","date_gmt":"2025-04-06T12:50:38","guid":{"rendered":"https:\/\/uwscinm1cs.wpdns.site\/?post_type=newsletter&#038;p=7841"},"modified":"2026-06-02T14:26:47","modified_gmt":"2026-06-02T14:26:47","slug":"the-diamond-pulse-april-2025","status":"publish","type":"newsletter","link":"https:\/\/rapaport.com\/trade\/newsletters\/the-diamond-pulse-april-2025\/","title":{"rendered":"The Diamond Pulse &#8211; April 2025"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\">THE MONTHLY &#8216;RAP&#8217;<br>Is the Diamond Industry Under Pressure or Poised for Rebound?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">March has seen a blend of trends, as the diamond industry faces notable fluctuations. Market softness has been evident, with&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/rapaport.com\/news\/petra-diamonds-refutes-union-claim-of-mass-layoffs\/\" target=\"_blank\">Petra Diamonds announcing the layoff of 84 employees<\/a>&nbsp;at its Finsch and Cullinan mines. Alrosa reported a&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/rapaport.com\/news\/alrosas-profit-plunges-77-for-the-full-year\/\" target=\"_blank\">77% plunge in profits for the full year<\/a>&nbsp;and has&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/rapaport.com\/news\/alrosa-to-pause-diamond-production-at-some-mines\/\" target=\"_blank\">paused production at certain mine sites<\/a>, highlighting the pressures within the sector<a rel=\"noreferrer noopener\" href=\"https:\/\/rapaport.com\/news\/weak-diamond-market-triggers-94-7m-loss-for-burgundy\/\" target=\"_blank\">. Burgundy Diamond Mines reported a $94.7 million loss<\/a>. Additionally<a rel=\"noreferrer noopener\" href=\"https:\/\/rapaport.com\/news\/high-gold-prices-weigh-on-chinas-jewelry-market\/\" target=\"_blank\">, high gold prices have weighed on China&#8217;s jewelry market<\/a>, affecting consumer purchasing power. Brilliant Earth also experienced a&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/rapaport.com\/news\/drop-in-average-sale-value-dents-brilliant-earth-revenue-in-2024\/\" target=\"_blank\">drop in average sale value<\/a>, denting its 2024 revenue. Challenges persist for industry giant, Signet Jewelers, with a&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/rapaport.com\/news\/major-signet-shareholder-unhappy-with-business-seeks-immediate-sale\/\" target=\"_blank\">major shareholder expressing dissatisfaction and seeking an immediate sale<\/a>. The company also&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/rapaport.com\/news\/signet-to-close-stores-centralize-diamond-sourcing\/\" target=\"_blank\">plans to close stores and centralize diamond sourcing<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Still, there have been silver linings within the industry. At the recent Hong Kong jewelry show, diamond dealers reported&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/rapaport.com\/news\/hong-kong-show-surprisingly-good-diamond-dealers-say\/\" target=\"_blank\">robust demand<\/a>.&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/rapaport.com\/news\/strong-rough-prices-boost-gem-diamonds-in-2024\/\" target=\"_blank\">Gem Diamonds benefited from strong rough prices<\/a>, bolstering its 2024 performance, and a successful tender by TAGS and Sodiam resulted in&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/rapaport.com\/news\/tags-and-sodiam-sell-over-15m-in-large-stones-at-luanda-tender\/\" target=\"_blank\">over $15 million in sales of large stones<\/a>. The auction scene also showcased positive trends, with&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/rapaport.com\/news\/diamonds-offered-with-no-reserve-hit-block-at-christies\/\" target=\"_blank\">Christie&#8217;s featuring diamonds offered without reserve<\/a>, and&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/rapaport.com\/news\/sothebys-puts-price-of-over-half-a-million-dollars-on-17ct-diamond\/\" target=\"_blank\">Sotheby&#8217;s placing a price tag of over half a million dollars on a 17-carat diamond<\/a>. Additionally, a 10-carat blue&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/rapaport.com\/news\/could-this-10ct-blue-diamond-sell-for-30m-at-sothebys\/\" target=\"_blank\">diamond at Sotheby&#8217;s is anticipated to fetch up to $30 million<\/a>, according to some dealers.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"https:\/\/rapaport.com\/trade\/free-trial-blog\/\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" src=\"https:\/\/no-cache.hubspot.com\/cta\/default\/464503\/dd7d1623-c1e2-4f43-bd9f-7ae4cd74237b.png\" alt=\"Get a FREE 7-day trial of Rapaport Trade\" title=\"\"><\/a><\/figure>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\">Here&#8217;s your diamond market analysis from Rapaport Trade for March 2025<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">In March, the 1ct RAPI increased 1.4%. Overall, higher-quality diamonds generally performed better than lower-quality round 1-carat diamonds. The top performing category of the month was D-F, IF-VVS, which increased in price 2.1%. At the end of March, nearly a quarter of round 1-carat diamonds available on Rapaport Trade were for G-J, VSs while over 22% of the searches on Rapaport Trade throughout the month were for G-J SIs.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"492\" height=\"1024\" src=\"https:\/\/rapaport.com\/trade\/wp-content\/uploads\/2025\/07\/1743581428902-492x1024.jpg\" alt=\"\" class=\"wp-image-11304\" title=\"\" srcset=\"https:\/\/rapaport.com\/trade\/wp-content\/uploads\/2025\/07\/1743581428902-492x1024.jpg 492w, https:\/\/rapaport.com\/trade\/wp-content\/uploads\/2025\/07\/1743581428902-144x300.jpg 144w, https:\/\/rapaport.com\/trade\/wp-content\/uploads\/2025\/07\/1743581428902.jpg 721w\" sizes=\"(max-width: 492px) 100vw, 492px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><a href=\"https:\/\/hubs.ly\/Q03fyrnk0\" target=\"_blank\" rel=\"noopener\">&lt;&lt;Click here&gt;&gt;&nbsp;<\/a>to join the industry&#8217;s largest and most trusted&nbsp;<br>diamond, gem and jewelry trading network.<\/strong><\/p>\n","protected":false},"featured_media":17520,"template":"","meta":{"_acf_changed":false,"_angie_page":false,"inline_featured_image":false},"class_list":["post-7841","newsletter","type-newsletter","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/rapaport.com\/trade\/wp-json\/wp\/v2\/newsletter\/7841","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\/17520"}],"wp:attachment":[{"href":"https:\/\/rapaport.com\/trade\/wp-json\/wp\/v2\/media?parent=7841"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}