{"id":7844,"date":"2025-02-08T12:51:00","date_gmt":"2025-02-08T12:51:00","guid":{"rendered":"https:\/\/uwscinm1cs.wpdns.site\/?post_type=newsletter&p=7844"},"modified":"2025-09-25T12:17:11","modified_gmt":"2025-09-25T12:17:11","slug":"the-diamond-pulse-february-2025","status":"publish","type":"newsletter","link":"https:\/\/rapaport.com\/trade\/newsletters\/the-diamond-pulse-february-2025\/","title":{"rendered":"The Diamond Pulse – February 2025"},"content":{"rendered":"\n

Welcome to the 1st Edition of our new Monthly LinkedIn Newsletter\u2014The Diamond Pulse. <\/strong>Each month, you can expect to receive exciting updates on diamond, gem and jewelry market trends and actionable insights that will help you make informed decisions for your business.<\/p>\n\n\n\n

THE MONTHLY ‘RAP’
Will Early Market Trends Persist Throughout 2025?<\/h2>\n\n\n\n

The start of the year brought negative and positive trends for the industry. The downturn in China\u2019s luxury segment continued, with Hong Kong jeweler Luk Fook<\/a> minimizing diamond offerings and Chow Tai Fook<\/a> noting consumers opted to buy jewelry abroad. Sluggish rough demand persisted, as Petra<\/a> reduced its rough-pricing forecast and Mountain Province<\/a> reported weak rough prices. Amid socioeconomic and demand challenges, violence has been erupting. Security forces shot and killed<\/a> two individuals at Gemfields\u2019 ruby mine during an attempted break-in. A kidnapping and robbery<\/a> plot against a Florida jeweler and the death of two<\/a> in an armed heist at the premises of Namdia, a Namibia government-owned trading company, have also underscored a trend of emerging hostility.<\/p>\n\n\n\n

However, the industry also noted positive movement, including a rebound in retail over the holiday season. US jewelry sales grew, while overall retail sales increased 3.8% year on year, according to Mastercard<\/a>. Similarly, Visa<\/a> reported a year-on-year uptick of 5% in the clothing and accessories segment, which includes jewelry. The season saw record growth, verging on pre-pandemic levels, data from the National Retail Federation<\/a> (NRF) showed. Meanwhile, jewelry shows, including Vicenzaoro<\/a> and IIJS Signature<\/a>, have seen a spike in attendance and demand, while the debut of new shows, such as the Doha International Diamond & Gem Conference<\/a>, signals confidence in the trade.<\/p>\n\n\n\n

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Here’s your diamond market analysis from Rapaport Trade for January 2025<\/h3>\n\n\n\n

In January, diamond prices fell, with the 1ct RAPI dropping 2.3% as the market slowed following the holiday season and uncertainty set in for 2025. While prices fell across the board, higher-quality diamonds retained their value more than lower-quality round 1-carat diamonds. At the end of January, nearly a quarter of all round 1-carat diamond inventory on Rapaport Trade was for G-J, VSs while nearly a quarter of the searches on Rapaport Trade throughout January were for G-J SIs. The discrepancy between inventory breakdown and searches breakdown may represent an imbalance between supply and demand in the market.<\/p>\n\n\n\n

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Join the industry’s largest and most trusted diamond, gem and jewelry trading network. <\/strong><\/p>\n","protected":false},"featured_media":7837,"template":"","meta":{"_acf_changed":false,"_angie_page":false,"inline_featured_image":false},"class_list":["post-7844","newsletter","type-newsletter","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/rapaport.com\/trade\/wp-json\/wp\/v2\/newsletter\/7844","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\/7837"}],"wp:attachment":[{"href":"https:\/\/rapaport.com\/trade\/wp-json\/wp\/v2\/media?parent=7844"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}