Top Stories
Amplify the Message
The natural-diamond industry has renewed its category marketing efforts as it urgently seeks to stimulate demand.
$6M Blue-Diamond Ring to Go Under Hammer at Phillips Geneva
Piece is one of several featuring colored diamonds at auction house’s third sale in Swisscity.
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Influx of inherited wealth will open up opportunities for the industry, Rapaport Chairman tells Diamond Club West Coast.
Industry
October 10, 2024
Hong Kong Magnificent Jewels sale makes $11.1 million.
Auction
October 6, 2024
Lot expected to bring in up to $550,000.
Auction
September 5, 2024
Industry leaders address diamond pricing and demand.
Industry
September 5, 2024
Rapaport Magazine on Synthetics vs Natural
The Battle for Bridal: Synthetics vs. Natural
How retailers and manufacturers are handling this showdown in the US commitment-jewelry market.
Industry
October 9, 2024
Synthetic Diamonds: How Low Will They Go?
More importantly, how will retailers pivot once these goods cease to be profitable?
Synthetics
October 9, 2024
Fashion-Led Jewelers Tout Synthetics’ Creative Potential
Brands like Pandora and Vrai are highlighting the ethical-sourcing and design angles rather than the stones’ inherent value.
Jewelry
October 9, 2024
Rapaport
The RapNet Diamond Index (RAPI™) is being revised due to elimination of diamond listings from China. These diamonds have been listed at low prices, with sellers demanding extra fees related to currency conversion. This week’s technical increase in RAPI indices does not reflect any sudden change in market conditions or prices.
Market Data
Diamonds
Metals
Currencies
Equities
The RapNet Diamond Index (RAPI™) is being revised due to elimination of diamond listings from China. These diamonds have been listed at low prices, with sellers demanding extra fees related to currency conversion. This week’s technical increase in RAPI indices does not reflect any sudden change in market conditions or prices.
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Market Comment - Oct. 10, 2024
Sentiment improving. Low production and upcoming Diwali break expected to reduce current high inventory levels.
Rapaport Nov. auctions with viewings in NY, Dubai and Israel raised $8,585,719, with 81% sold by value.
Focused demand creating shortages of select better items. Fancies and round SI oversizes stabilizing. Indian liquidity improving. US and India retail stable. Wholesalers buying selectively. 1 ct. RAPI for Sep. -4.1%.
Sotheby’s totals $11M at HK Magnificent Jewels, with top four lots unsold.
Signet CEO Gina Drosos to retire.
THE RAPAPORT PRICE LIST WILL NOT BE PUBLISHED ON OCT. 18 OR 25 DUE TO THE JEWISH HOLIDAY OF SUKKOT. Next Price List on Nov. 1.