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Rapaport Weekly Market Comment
News: Trading slowed following Vegas highs as US dealers head for vacation. Industry expects 3Q lull but remains
News Jun 30, 2022 Rapaport News
Loose Forevermark diamond seen through loupe
De Beers Forevermark Shakes Up Distribution
De Beers Forevermark will require its partners to sell the brand’s own jewelry designs in a strategic shift aimed
News Jun 30, 2022 Joshua Freedman
Artcurial 17.5ct diamond 140
17ct. Diamond May Fetch Up to $1.6M at Auction
French auction house Artcurial will offer a 17.5-carat diamond at its upcoming Monaco Luxury week, where it expects
News Jun 30, 2022 Rapaport News
Luk Fook store MixC World in Shenzhen Bay
Luk Fook China Sales Slide in Latest Covid-19 Wave
Luk Fook’s sales weakened in the past months as Covid-19 dampened retail spending across greater China, the
News Jun 29, 2022 Rapaport News
Star Diamond Star-Orion South 140
Rio Tinto Considers Cutting Ties with Star Diamond
Rio Tinto has put the Star-Orion South diamond project in Canada on hold until the end of the
News Jun 29, 2022 Rapaport News
Rough and polished at GSS Botswana
De Beers, Botswana Sales Deal Delayed Again
De Beers and the Botswana government have extended their current supply contract by another year, meaning the
News Jun 29, 2022 Rapaport News
Rapaport Diamond Podcast
Podcast: Where Digital Is Going
Digital-marketing expert Ben Smithee, founder of The Smithee Group, joins Rapaport’s Avi Krawitz to discuss how the
News Jun 28, 2022 Rapaport News
Luk Fook 140
Luk Fook Notes Surge in Revenue, Profit
Hong Kong jeweler Luk Fook’s revenue and profit rose by around 30% to 40% for the full
News Jun 28, 2022 Rapaport News
AWDC David Gotlib 140
Antwerp World Diamond Centre Taps New President
The Antwerp World Diamond Centre (AWDC) has appointed Belgian diamantaire David Gotlib as president, succeeding Chaim
News Jun 27, 2022 Rapaport News
Russian gold sanctions credit Shutterstock 140
Major Countries Ban Import of Russian Gold
The US, UK, Canada and Japan have placed sanctions on the import of Russian gold in an effort to eliminate
News Jun 27, 2022 Rapaport News
Alrosa rough diamonds
Russia Is ‘Elephant in the Room’ as KP Session Ends
The status of Russian diamonds was the main point of contention at the recent Kimberley Process (KP) intersessional
News Jun 26, 2022 Rapaport News
Phillips 140
Phillips Garners $3.4M at Hong Kong Sale
The recent Phillips Jewels and Jadeite auction in Hong Kong achieved $3.4 million, even as several top
News Jun 26, 2022 Rapaport News
Christies 25.40ct diamond ring 140
Christie’s to Sell 25ct. Diamond for Nearly $500K
A 25.40-carat diamond ring will take center stage at the upcoming Christie’s auction in Paris, where it’s set
News Jun 26, 2022 Rapaport News
Firestone 140
Shareholder Offers to Buy Firestone for $67K
An investment company that holds nearly a third of Firestone Diamonds’ stock has made an offer to purchase all remaining
News Jun 26, 2022 Rapaport News
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Rapaport Weekly Market Comment
News: Optimism for US market as Las Vegas shows demonstrate robust demand despite inflation concerns. China slowdown
News Jun 23, 2022 Rapaport News
Bonhams Kashmir sapphire June 2022
Kashmir Sapphire Is Top Seller at Bonhams
A Kashmir sapphire led Wednesday’s Bonhams Hong Kong Jewels and Jadeite auction, selling for more than
News Jun 23, 2022 Rapaport News
Patek Philippe Aquanaut 5167A at store in Bangkok
US and Europe Drive Increase in Watch Exports
Swiss watch exports grew strongly in May as demand strengthened in the US and Europe while orders of high-end timepieces
News Jun 22, 2022 Rapaport News
Jewelry store
Luxury Sector Sees First-Quarter Growth
The global luxury industry grew by almost a fifth at the start of the year as European spending recovered at a faster
News Jun 22, 2022 Rapaport News
Jubilee mine Alrosa
Alrosa to Maintain Production Plan: Report
Alrosa plans to stick with its production guidance of 34 million to 35 million carats this year despite Western sanctions
News Jun 22, 2022 Rapaport News
Employee holding three rough diamonds in palm of h
De Beers Sales Accelerate Following Price Rise
De Beers’ sales soared to $650 million in June as demand held up and the lack of Russian supply led to shortages.The
News Jun 22, 2022 Rapaport News
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