Rapaport

Market Data

Diamonds Metals Currencies Equities
Metal Type
Monthly Change
Gold
0.94%
Silver
2.47%
Platinum
3.09%
Palladium
-5.32%
Currency
Monthly Change
Euro
1.02%
Pound
0.58%
Yuan
0.16%
Rupee
0.14%
Index
Monthly Change
S&P 500
2.88%
India NIFTY 50
-1.43%
Hang Seng
10.45%
Size
Monthly Change
0.30 ct.
%
0.50 ct.
%
1.00 ct.
%
3.00 ct.
%
Rapaport

Market Comment - May. 09, 2024

Slow sales impacting prices. IF-VS weakening. 1 ct. RAPI -3.5% in Apr.; prices of round, 1 ct., D-H, SI +1%.

Finest-cut fancy shapes strong in larger sizes. Marquises moving well.

India manufacturing fewer goods ahead of summer vacation.

De Beers reduces prices at May sight: 3-grainer and smaller rough by 4%-6%, caraters by 4%. Sightholders still struggling to profit.

EU proposes exempting pre-Jan. 2024 rough and pre-Mar. polished from Russian sanctions.

Trade preparing for Las Vegas shows amid uncertain US consumer demand.

Richemont acquires Italian jeweler Vhernier.

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