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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
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
Alrosa rough
Stop Buying Rough
The prevailing panic surrounding the rise of lab-grown diamonds is overshadowing the bigger challenge facing the diamond market: There is no profit in the trade. This long-term challenge is reaching crisis levels, as manufacturers lack liquidity and...
Rough Markets Jul 03, 2019 Avi Krawitz
Tacori Engagement Ring
Engagement Ring Prices On the Rise, Says The Knot
Prospective grooms are spending significantly more money and time on their engagement ring purchase than they did five years ago, research by wedding resource website The Knot showed. The average amount grooms...
Retail Nov 16, 2017 Rapaport News
Engagement ring
De Beers’ Two-Month Diamond Budget Isn’t Forever
De Beers ads in the 1980s famously told people tospend two months’ salary on their diamond engagement rings. In the US, that’s close to $10,000, based on wage data from the Organisation forEconomic Cooperation and Development...
Retail Aug 23, 2017 Joshua Freedman
Engagement ring
US Engagement-Ring Spending Flat at $3.4K
The amount US couples spent on wedding andengagement rings went largely unchanged in the second quarter, according todata The Wedding Report released Sunday.The average outlay on engagement ringsslipped 0.2% to $3,399 in the second quarter, from...
Retail Aug 14, 2017 Rapaport News
Diamond Tweezer
Polished Diamond Prices Decline in June
RAPAPORT PRESS RELEASE, July 5, 2017, New York… Polished diamond prices softened in June after the JCK Las Vegas show demonstrated a cautious and changing US market. Jewelers are reducing their inventory requirements as they...
Polished Markets Jul 05, 2017 Rapaport
Diamond engagement ring 140
Engagement-Ring Prices Stable at $3.4K
The price of engagement and wedding rings in the US hasn’tchanged much since last year, according to data that research group The WeddingReport released Monday.The average groom spent $3,406 on a ring for the proposalduring the...
Retail Jun 12, 2017 Rapaport News
Diamond jewelry 140
Diamond Prices Stable in May
RAPAPORT PRESSRELEASE, June 5, 2017, New York… Polisheddiamond trading was sluggish in May, with dealers waiting for this week’s LasVegas shows to get better deals and assess the pulse of the market. Suppliersheld prices...
Polished Markets Jun 05, 2017 Rapaport
ABN AMRO Forecasts Polished Price Recovery
ABN AMRO predicted polished diamond prices will increase nextyear as it expects improved economic conditions to boost U.S. and Chinese demand.U.S. jewelry consumptionwill grow amid a stronger labor market and rising housing prices, the...
Polished Markets Dec 05, 2016 Rapaport News
Diamond Prices Mixed in Slow August Trading
PRESS RELEASE, September 6, 2016, New York… One-carat diamond prices remain under pressure with low trading volume during the August vacation period. Polished inventory is increasing with steady manufacturing and sluggish demand...
Polished Markets Sep 06, 2016 Rapaport
Polished Diamonds
Diamond Prices Decline in July
PRESSRELEASE, August 2, 2016, New York… Polished diamond prices softened in Julycontinuing the downtrend in the second quarter. Diamond markets were seasonallyquiet with U.S. wholesalers taking their annual summer vacation. Overall polisheddemand remains...
Polished Markets Aug 02, 2016 Rapaport
Jewelry Prices
U.S. Jewelry Prices Rise in May
The U.S. consumer price index (CPI) forjewelry grew 3.3 percent in May from a month ago, according to seasonallyunadjusted data from the U.S. Bureau of Labor Statistics. It jumped 9.9 percentfrom a year earlier.The move was...
Retail Jun 19, 2016 Rapaport News
Jewelry Store Window
U.S. Jewelry Prices +3% in February, Watches +9%
The U.S. consumer price index (CPI) for jewelry rose 2.9percent in February from a month ago, according to the U.S. Bureau of LaborStatistics. The reading was 6.2 percent higher from a year ago.The price rise...
Retail Mar 23, 2016 Rapaport News
Rapaport Logo
Martin Rapaport Statement: The Right Way Forward
DeBeers is moving forward in the right direction by reducing rough pricessufficiently to enable increased sales of rough diamonds and a resumption ofdiamond manufacturing activity. This is evidenced by an increase in De Beersrough diamond sales by 118% from $248 million in the...
Rough Markets Jan 28, 2016 Martin Rapaport
US Flag
U.S. Jewelry Prices Fall 1% in October
The U.S. consumer price index (CPI) for jewelry fell 1.1percent in October from the previous month, according to the U.S. Bureau ofLabor Statistics. The CPI’s reading for the month was down 2.2...
Retail Nov 18, 2015 Rapaport News
Polished Diamonds
Diamond Prices, Sentiment Slump in July
PRESS RELEASE, August 4, 2015, New York … Diamond prices fell in July as market sentiment slumped to levels not seen since the 2008 downturn. Manufacturers rejected large quantities of rough supply as trading and manufacturing activity...
Polished Markets Aug 05, 2015 Rapaport News
Rapaport Annual Price Statistics
Rapaport Releases 2014 Price Statistics Report
PRESS RELEASE, January 20, 2015, New York ... The Rapaport Group released its annual Diamond Price Statistics Report for 2014 today, evaluating the performance of polished diamond prices. The report provides...
Polished Markets Jan 20, 2015 Rapaport
ALROSA's Udachniy mine
ALROSA's Sales +27%, Profit +58% to $624M
ALROSA reported that revenue increased 27 percent year on year to $2.83 billion (RUB 104.8 billion) for the first half that ended on June 30. Cost of sales rose 28 percent to $1.4 billion (RUB 50.1 billion)....
Financial-Legal Aug 29, 2014 Jeff Miller
Jewelry Prices
U.S. Jewelry Price Inflation -5%, Watches -1%
The U.S. consumer price index (CPI) for jewelry declined 4.5 percent year on year to 170.83 points in June. However, the reading was a touch higher than the index for both May and April....
Manufacturing Jul 22, 2014 Jeff Miller
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