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Diamond in Loupe
Diamond Price Index Firms Amid Slow Trade
RAPAPORT PRESS RELEASE, July 7, 2020, Las Vegas… The global diamond market was uncertain in June due to the resurgence of Covid-19 and geopolitical tensions. Polished prices firmed for select goods. The RapNet Diamond...
Polished Markets Jul 07, 2020 Rapaport
Polished diamonds
Diamond Markets Return Cautiously
RAPAPORT PRESS RELEASE, June 2, 2020, Las Vegas… Diamond trading is starting to regain traction in Hong Kong with some demand from China. Hong Kong is mostly open for business, but concerns are mounting about...
Polished Markets Jun 02, 2020 Rapaport
Polished Diamonds
Diamond Markets Reflect Uncertain Outlook
RAPAPORT PRESS RELEASE, May 5, 2020, Las Vegas… Diamond trading was restricted in April due to the coronavirus pandemic and global lockdowns. Sentiment was weak, with dealers frustrated by the inability to resume business. The...
Polished Markets May 05, 2020 Rapaport
Rough and Polished
Diamond Prices Slide in March as COVID-19 Spreads
RAPAPORT PRESS RELEASE, April 7, 2020, Las Vegas…Diamond prices fell in March as the spreading coronavirus led to a dramatic decline in the global economy. Diamond markets are under pressure and facing a severe liquidity crisis as jewelry...
Polished Markets Apr 07, 2020 Rapaport
Ernie Blom
WFDB to Fund Get Diamonds Trading Platform
The World Federation of Diamond Bourses (WFDB) has adopted Get Diamonds as its official trading platform, the organization’s president Ernie Blom told Rapaport News. The WFDB’s executive committee agreed in a Zoom meeting on Sunday...
Polished Markets Apr 06, 2020 Avi Krawitz
Press Release
Polished Prices Slide Amid Coronavirus Fears
RAPAPORT PRESS RELEASE, March 3, 2020, Las Vegas… Diamond trading declined sharply in February due to economic uncertainty surrounding the coronavirus. Manufacturers and dealers are facing a severe liquidity crunch as sales to China and Hong...
Polished Markets Mar 03, 2020 Rapaport
Canadian Rough
Diamond Market Cautious Amid China Concerns
RAPAPORT PRESS RELEASE, February 4, 2020, Las Vegas… Diamond market sentiment was positive for most of January but weakened as the outbreak of the coronavirus in China resulted in a shutdown of retail stores over the important Chinese...
Polished Markets Feb 04, 2020 Rapaport
A diamond ring (Shutterstock)
Diamond Prices Stable After Year of Declines
RAPAPORT PRESS RELEASE (Revised), January 7, 2020, Las Vegas… Diamond market conditions improved in December as US and Chinese holiday demand helped raise sentiment. Polished prices stabilized and improved for sizes under 1 carat, supported...
Polished Markets Jan 07, 2020 Rapaport
Press Release
Diamond Market More Optimistic
RAPAPORT PRESS RELEASE, December 3, 2019, Las Vegas … Sentiment in the diamond industry improved amid rising expectations for the holiday season. A rallying stock market fueled optimism as the Dow average climbed 3% in November, and...
Polished Markets Dec 03, 2019 Rapaport
GIA Fluorescence Scale
The Curious Case of Fluorescence
The diamond industry has a complicated relationship with fluorescence.Historically, both the trade and consumers saw value in a diamond that fluoresced under ultraviolet light. The perception was that it added to the color of the diamond...
Polished Markets Nov 26, 2019 Avi Krawitz
Alrosa rough
Diamond Market Improves as Holidays Approach
RAPAPORT PRESS RELEASE, November5, 2019, Las Vegas … Diamond trading improved in late October after variousJewish, Indian and Chinese holidays. Dealers are focused on filling holidayorders as US jewelers prepare inventory for the season. Shortages...
Polished Markets Nov 05, 2019 Rapaport
Shanghai Skyline
China Slowdown Weighing on Diamond Prices
RAPAPORT PRESS RELEASE, September 3, 2019, Las Vegas … Diamond markets were quiet in August, with dealers taking their summer vacations amid uncertainty about the important Hong Kong Jewellery & Gem Fair. Demand...
Polished Markets Sep 03, 2019 Rapaport
Diamonds at Tenders
Let’s Set Our Sights on the Auctions
De Beers’ first-half earnings highlighted the many challenges facing the diamond trade. But beyond the sharp declines the mining company suffered, CEO Bruce Cleaver and chief financial officer Nimesh Patel were...
Rough Markets Aug 07, 2019 Avi Krawitz
De Beers
Diamond Trading Quiet Amid Tight Profits
RAPAPORT PRESS RELEASE, August 6, 2019, Las Vegas … Diamond-market sentiment was weak in July due to tight profits and liquidity. The pressures facing cutters and dealers resulted from high rough supply at inflated prices...
Polished Markets Aug 06, 2019 Rapaport
Diamond Cutting
Challenging Diamond Market Sees Further Declines
RAPAPORT PRESS RELEASE, July 2, 2019, Las Vegas … Diamond market sentiment was weak in June due to sluggish demand and tightening manufacturing profits. Suppliers are reducing prices to raise liquidity, as they’re under pressure from...
Polished Markets Jul 02, 2019 Rapaport
helzberg lab-grown diamond necklace 150
RapNet Votes No on Synthetic Diamonds
RAPAPORT PRESS RELEASE, June 5, 2019, Las Vegas … Members of RapNet, the world’s largest diamond tradingnetwork with daily listings valued at $7.5 billion, voted overwhelmingly againstintroducing services for synthetic diamonds. The following are...
Polished Markets Jun 16, 2019 Rapaport
MR
RapNet Members Say ‘No’ to Synthetics
The RapNet community has voted overwhelmingly againstintroducing services for the lab-grown-diamond sector. Members voted by 79% to 21% against the trading platformlisting synthetics on the site. They also rejected a lab-grown pricelist, with 74%...
Mining Jun 03, 2019 Rapaport News
RapNet to Vote On Synthetics
RapNet to Vote on Synthetics
RAPAPORT PRESS RELEASE, May 22, 2019, Las Vegas … RapNet, the world’slargest diamond trading network with daily listings of over $7.4 billion, willbe voting on whether it should provide diamond listing and pricing services...
Polished Markets May 22, 2019 Rapaport
RapNet
RapNet Offers Jewelry Trading to the Industry
RAPNET PRESSRELEASE, May 19, 2019, Las Vegas … RapNet,the world’s largest marketplace for diamonds and jewelry, is releasing its newjewelry trading platform to the industry. Following extremely positivereactions when RapNet introduced its new...
Technology May 19, 2019 Rapaport
Dollars and Jewelryq
Diamond Prices Soften Despite US Stability
RAPAPORT PRESS RELEASE, May 7, 2019, Las Vegas … Polished-diamond prices declined in April due to continued oversupply and selective Far East demand. US jewelry sales remain firm, helping to support the global trade. The RapNet...
Polished Markets May 07, 2019 Rapaport
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