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Spotlight on Estate Jewelry: Best of Rapaport Magazine
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What’s New at Hancocks
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Geoff Hess of Sotheby’s Talks Vintage Timepieces
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Market Comment - Apr. 25, 2024
Market quiet. Reduced trading activity in US, Belgium and Israel during Passover festival.
US and Indian retail in seasonal slowdown.
China diamond demand weak.
De Beers 1Q production -23% YOY to 6.9M cts., sales -49% to 4.9M cts.; miner moves auction headquarters from Singapore to Botswana.
Rio Tinto 1Q diamond production -22% YOY to 740K cts. due to Diavik plane crash that led to pause in operations.
Gold price continues to rise. AWDC names Karen Rentmeesters interim CEO following Ari Epstein resignation.
Country comments will return next week after Passover.