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Podcast June 2019
Podcast: Lightbox – the Synthetics King?
On the first anniversary since the launch of Lightbox,Rapaport’s Avi Krawitz sat with managing director Steve Coe at the JCK show inLas Vegas. Coe gives his perspective of the industry’s response toLightbox, some insight...
Retail Jun 05, 2019 Avi Krawitz
Rapaport breakfast JCK Las Vegas 2019
Martin Rapaport at JCK: Watch the Full Speech
The diamond industry must invest in new products andethically sourced natural diamonds to boost profitability and counter thegrowth of synthetics, Martin Rapaport, Chairman of the Rapaport Group, stressedat the annual Rapaport Breakfast in Las Vegas....
Polished Markets Jun 05, 2019 Rapaport News
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
Feb mag cover
Martin Rapaport: Synthetic Ethics
Synthetic diamonds are a fundamental threat to the naturaldiamond industry. They are not just a competitive product like gems, pearls, orgold jewelry. They are a replacement product. Their marketers shout out: Don’t buynatural diamonds,...
Polished Markets May 23, 2019 Martin Rapaport
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
GIA CVD
GIA Spots Natural-Synthetic Hybrid Diamond
The Gemological Institute of America (GIA) has discovered asynthetic layer that improved the weight and color of a natural diamond, and haswarned that the phenomenon may be happening more often.The cushion modified brilliant, 0.64-carat...
Technology May 20, 2019 Rapaport News
DPA synthetics detectors study Mar 2019
DPA Puts Synthetics Detectors to the Test
A synthetics detector costing less than $7,000 is one of only two machines that conclusively identified 100% of lab-grown diamonds in a recent industry-widestudy.Yehuda’s Sherlock Holmes, priced at $6,495, correctlyspotted all synthetic diamonds in a “deliberately challenging” sample,according to a report...
Technology Mar 05, 2019 Rapaport News
Irradiated melee
GIA Spots CVD Stone in Parcel of Treated Melee
In a rare case, the Gemological Institute of America (GIA)has discovered an irradiated chemical vapor deposition (CVD) diamond in a batch of natural melee aclient had submitted for testing. The GIA’s Tokyo laboratory found the 0.007-carat, irradiatedgreen-blue...
Polished Markets Feb 10, 2019 Rapaport News
GIA mistaken
‘Lab-Grown’ Diamond Turns Out to Be Natural
A client of the Gemological Institute of America (GIA)wrongly submitted a natural diamond as a lab-grown stone, the organizationsaid.The GIA’s Carlsbad laboratory recently received the round brilliant,2.23-carat, D-color diamond, which the customer had sent in for asynthetic-diamond...
Polished Markets Feb 06, 2019 Rapaport News
Alrosa rough
‘Diamonds and Lies’ Exposes the Real Fake
In the era of fake news and synthetic diamonds, it was a matter of time before the two would meet. They did so recently in the form of editorials in the South China Morning Post (SCMP) and on the Russia...
Polished Markets Dec 06, 2018 Avi Krawitz
Lightbox 2
Lightbox to Launch Rings and Bracelets
De Beers plansto expand its Lightbox product offering next year after observing strong consumer interest in its rollout of synthetic-diamond jewelry.The company hopes to introduce stackable rings in the latter part ofthe first quarter, Sally...
Retail Dec 03, 2018 Joshua Freedman
Cards Aainst Humanity.
1.5ct. Synthetic Diamond Sells for $32
Cards Against Humanity, famed for its politically incorrect party games,sold a lab-grown-diamond engagement ring for 99% off on Black Friday — butinsisted it wasn’t about to make a splash in the synthetics sector. The 1.5-carat stone from...
Retail Nov 28, 2018 Joshua Freedman
Small Rough
Analysis: A Crisis in Melee
Among the standout trends that have taken shape in the diamond trade this year is the poor performance of small and cheaper stones. But the drop in the so-called melee market has not been...
Polished Markets Nov 27, 2018 Avi Krawitz
Bharat Diamond Bourse
Mumbai Exchange Mulls Lifting Synthetics Ban
Mumbai’s Bharat Diamond Bourse (BDB) is considering allowingsynthetic-diamond trading on the exchange premises, its president told RapaportNews. Some members have asked management to reconsider its 2015ban on selling lab-grown diamonds anywhere in the BDB’s vast...
Polished Markets Nov 15, 2018 Joshua Freedman
Chow Tai Fook Store
Chow Tai Fook Says No to Synthetics
Chow Tai Fook, Hong Kong’s largest jewelry company, has ruled out introducing a line of lab-grown diamonds at its stores, noting that Chinese consumers are not interested in the category. “We don’t have any...
Retail Sep 16, 2018 Avi Krawitz
GIA 150
Melee Parcel Contains Just One Natural Stone
The Gemological Institute of America (GIA) found just onenatural diamond in a melee parcel containing more than 1,000 undisclosedsynthetic stones, according to a recent lab note. The organization’s New York center received 1,102 smalldiamonds weighing...
Technology Aug 16, 2018 Rapaport News
Diamond swapping
Trade ‘Blind to Diamond-Swapping Threat’
Diamond dealers are failing to protect themselves against stone-swapping,and are instead waiting until an expensive loss occurs before taking action, equipmentsuppliers have warned. The switching of natural diamonds with synthetics or otherlower-value goods is a common...
Technology Aug 15, 2018 Joshua Freedman
Podcast
Podcast: Synthetics, Swatch and the Summer
In the latest Rapaport Diamond Podcast, the team discusses the US Federal Trade Commission’s new guidelinesfor marketing lab-grown diamonds, as well as Swatch Group’s Baselworld snub.Also, Editor in Chief Sonia Esther Soltani explains why RapaportMagazine...
Polished Markets Aug 08, 2018 Rapaport News
Wave Ring
DPA Raises Concerns over Synthetics Marketing
The Diamond Producers Association (DPA) is worried lab-growndiamond suppliers will use the new Federal Trade Commission (FTC) guidelines toconfuse consumers — a claim synthetics companies reject.The FTC last month removed the word “natural”...
Marketing Aug 06, 2018 Rapaport News
FTC
RAPAPORT TRADE ALERT – July 27, 2018
The United States Federal Trade Commission (FTC) has issuednew Guides for the Jewelry Industry. While these guidelines create confusion byexpanding the definition of the word ‘diamond’ to include synthetic diamondsthey continue to restrict...
Polished Markets Jul 29, 2018 Martin Rapaport
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