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RAPAPORT PRESS RELEASE, January 18, 2018, New York… The Rapaport Group released its annual Diamond Price Statistics Report for 2017 today, evaluating the performance of polished-diamond prices. The report provides an in-depth analysis of the past year’s trends and compares the price changes within specific diamond categories. The last 12 months saw some of those categories perform better than others, according to the report, while overall diamond prices continued to decline. Consistent shortages of select stones were also a feature of 2017, as diamond buyers were more particular about their preferences, resulting in steady demand for a narrower range of goods. The Rapaport Diamond Price Statistics Report charts the progression of polished prices for various sizes, both throughout 2017 and over a period of up to 39 years. In doing so, the report provides a complete study of the global diamond market’s history, as well as its current standing. Also included is a diamond investment analysis detailing how various diamond categories have performed over the past 10 and 20 years in relation to other common investment instruments. The all-inclusive report is available for purchase online at http://store.rapaport.com/ for $250, and has also been released in the January 2018 issue of Rapaport Magazine.
Rapaport Media Contacts: media@diamonds.net
U.S.: Sherri Hendricks +1-702-893-9400
International: Avital Engelberg +1-718-521-4976
Mumbai: Prashant Bhojani +91-97694-66855
About the Rapaport RapNet Diamond Index (RAPI™): The RAPI is the average asking price in hundred $/ct. of the 10% best-priced diamonds, for each of the top 25 quality round diamonds (D-H, IF-VS2, GIA-graded, RapSpec-A3 and better) offered for sale on RapNet – Rapaport Diamond Trading Network. www.RapNet.com has daily listings of approximately 1.2 million diamonds valued at approximately $7.1 billion. Additional information is available at www.diamonds.net.
About the Rapaport Group: The Rapaport Group is an international network of companies providing added-value services that support the development of ethical, transparent, competitive and efficient diamond and jewelry markets. Established in 1976, the Group has more than 20,000 clients in over 121 countries. Group activities include Rapaport Information Services, providing the Rapaport benchmark Price List for diamonds, as well as research, analysis and news; RapNet – the world’s largest diamond trading network, with over 15,000 members in 94 countries and daily listings of approximately 1.2 million diamonds valued at approximately $7.1 billion; Rapaport Laboratory Services, providing GIA and Rapaport gemological services in India, Israel and Belgium; and Rapaport Trading and Auction Services, the world’s largest recycler of diamonds, selling over 500,000 carats of diamonds a year. Additional information is available at www.diamonds.net.
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