Rapaport

Market Data

Diamonds Metals Currencies Equities
Metal Type
Monthly Change
Gold
6.13%
Silver
8.85%
Platinum
0.27%
Palladium
4.31%
Currency
Monthly Change
Euro
0.37%
Pound
0.37%
Yuan
-0.06%
Rupee
-0.13%
Index
Monthly Change
S&P 500
1.27%
India NIFTY 50
-0.73%
Hang Seng
-0.03%
Size
Monthly Change
0.30 ct.
%
0.50 ct.
%
1.00 ct.
%
3.00 ct.
%
Rapaport

Market Comment - Mar. 14, 2024

Market quiet amid seasonal slowdown in US and China.

Round prices steady, with RapSpec A3+, 0.30 to 1 ct. SIs improving and IF-VVS qualities slower. Prices of fancies falling.

Indian dealers cautious about offering credit.

Shipment delays at Antwerp customs due to G7 sanctions, with 146 Belgian companies signing complaint to AWDC.

De Beers Feb. rough sales -13% YOY to $430M, year to date -15% to $804M.

The Knot says 46% of engagement-ring center stones in 2023 were synthetic diamonds, up from 12% in 2019.

Chow Sang Sang 2023 revenue +21% to more than $3.2B as Hong Kong and China end Covid-19 restrictions.

Men and women flaunt natural diamonds on Oscars red carpet.

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