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Coronavirus
Coronavirus Updates: Impact on the Diamond Trade
The Covid-19 pandemic that has swept the globe has had a notable impact on the diamond industry, with new developments unfolding every day. Here, we present a one-stop, running news feed on industry events impacted...
Polished Markets Jan 19, 2021 Rapaport News
Podcast Episode 1
Podcast: Digital or Bust?
Diamond and jewelry companies have raised the stakes when it comes to using online platforms to engage with clients and consumers. But what does it mean to be digitally relevant in today’s ever-changing e-commerce and social-media space?In...
Marketing Jan 18, 2021 Rapaport News
RRR Jan 2021 cover image
Were Diamond Companies Worth the Investment?
What parameters would one use to assess a company’s performance? For our analysis, sales provide the best indication of how a business is doing. Taking that a step further, revenue generated across a group of companies within a sector...
Research Jan 14, 2021 Avi Krawitz
Montage Jan 2021
2020 Hindsight from Our ‘People of the Year’
What a difference a year makes. The modus operandi of the diamond and jewelry trade was vastly different at the end of 2020 than at the start. That’s a good thing, as the changes had been brewing for...
Polished Markets Jan 10, 2021 Rapaport News
Polished Diamonds
Diamond Prices Firm After Supply Declines
RAPAPORT PRESS RELEASE, January 5, 2021, Las Vegas… Diamond trading was seasonally slow in December as the industry’s focus shifted to retail and as diamantaires took their end-of-year break. Sentiment received a boost from strong holiday...
Polished Markets Jan 05, 2021 Rapaport
Top Instagram Posts 2020
Instagram Jewelry Favorites of 2020
Bold designs, unconventional shapes, and big white diamonds are what our Instagram community loved best this year. Looking at the diamond-jewelry posts our 80,000 followers saved the most from @jewelryconnoisseur_by_rapaport, we saw...
Gemstones Dec 31, 2020 Sonia Esther Soltani
De Beers rough diamonds at office in Calgary Canad
The Top 10 Stories of 2020
A few hot topics usually dominate our annual list of the most-read items on Diamonds.net. Synthetics, grading and crime tend to be among them.This year, however, one theme — the coronavirus — stood out, responsible for the...
Polished Markets Dec 30, 2020 Joshua Freedman
Marcus Lemonis
NY Diamond District in the Spotlight
New York’s Diamond District is set to sparkle on TV this Tuesday night in the documentary series Streets of Dreams with Marcus Lemonis.The series presenter is a self-declared “champion of entrepreneurs” who is seeking to discover what makes America’s most famous...
Polished Markets Dec 24, 2020 Rapaport News
Podcast
Podcast: The Year That Changed the Diamond Market
The Rapaport News team looks back at a tumultuous year in our final podcast of 2020, highlighting the most significant stories and trends that shaped our industry. Publisher John Costello, News Editor Avi Krawitz,...
Polished Markets Dec 22, 2020 Rapaport News
Gahcho Kue 157.4 ct Rough
Robust Rough Market Boosts Mountain Province
Mountain Province reported strong sales during the fourth quarter, noting that rough prices surpassed pre-Covid-19 levels in most categories.Revenue for the final three months of the year reached $61.7 million, the Canada-based...
Rough Markets Dec 17, 2020 Rapaport News
Julianne Kippenberg, Diamond Ring, artisanal minin
Podcast: Human Rights, Diamonds and Covid-19
The diamond and jewelry industry has made important strides in its responsible sourcing practices, but it cannot become complacent, a recent report by Human Rights Watch (HRW) found. Besides, Covid-19 has brought new challenges...
Fair Trade Dec 10, 2020 Avi Krawitz
Rapaport Research Reports Dec2020
Botswana Ready to Leverage Its Diamond Supply
The December edition of the Rapaport Research Report, published on Monday, presents an in-depth analysis of how Covid-19 has impacted Botswana’s diamond industry and, by extension, its economy. As the poster child for the diamonds-do-good story,...
Rough Markets Dec 08, 2020 Avi Krawitz
Diamond ring
Holiday Demand Uplifts Diamond Trade
RAPAPORT PRESS RELEASE, December 1, 2020, Las Vegas… Diamond market sentiment improved in November amid rising expectations for the holiday season. A recovery in China and robust sales during India’s Diwali festival also lifted...
Polished Markets Dec 01, 2020 Rapaport
Marcus Ter Haar Okavango
Okavango Diamond Chief Resigns
Marcus ter Haar stepped down last week as managing director of Okavango Diamond Company (ODC), the Botswana parastatal confirmed with Rapaport News. Ter Haar joined ODC as deputy managing director when the company...
Rough Markets Nov 26, 2020 Avi Krawitz
Ellio Krischer
Elliot Krischer to Head NY Diamond Dealers Club
The Diamond Dealers Club of New York has elected Elliot Krischer as its new president, replacing Reuven Kaufman, who served in the position since 2011. Krischer (pictured), who is the CEO of Esskay Gems, was...
Polished Markets Nov 26, 2020 Rapaport News
1.05 ct Fancy Purplish Red Graff Ring
Christie’s Sees Robust Demand at Geneva Auction
The Christie’s Magnificent Jewels sale in Geneva garnered $36.8 million, with a fancy-purplish-red diamond selling for a record price, the auction house reported Wednesday. The sale, which took place the previous day at the...
Polished Markets Nov 11, 2020 Rapaport News
Rapaport Research Report November Cover
A Chance to Rebuild the Diamond Industry
The economic challenges resulting from Covid-19 have forced companies and industries at large to reassess their value propositions. Along with the tremendous health concerns, the coronavirus has also brought unprecedented disruption to the...
Polished Markets Nov 10, 2020 Avi Krawitz
Asian Star jewelry
Sales Slump at Indian Manufacturer Asian Star
Asian Star’s sales fell in the second fiscal quarter as the coronavirus pandemic continued to affect business for the Indian manufacturer of diamonds and jewelry.Group revenue — including at subsidiaries — slid 38% year on year to INR 4.98...
Manufacturing Nov 09, 2020 Rapaport News
Forevermark Engagement Ring
Diamond Market Cautious Ahead of Holidays
RAPAPORT PRESS RELEASE, November 3, 2020, Las Vegas… The diamond market continued to improve in October as holiday orders picked up. Supply shortages helped buoy prices of 1-carat and larger stones. However, the positive sentiment...
Polished Markets Nov 03, 2020 Rapaport
Yoram Dvash
Trade Must Continue Transformation, Dvash Urges
The week of September 14 was as momentous as they come for Yoram Dvash. The 56-year-old head of the Israel Diamond Exchange was elected president of the World Federation of Diamond Bourses (WFDB), having served as its interim...
Polished Markets Oct 26, 2020 Avi Krawitz
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