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Rapaport Weekly Market Comment
Sentiment improving as holiday orders and shortages support polished prices. Cutters planning brief Diwali break amid
News Oct 22, 2020 Rapaport News
Rough diamonds in Calgary offices De Beers
De Beers Notes Recovery Ahead of Holidays
De Beers’ sales and production rebounded in the third quarter as the impending holiday season revitalized the diamond
News Oct 22, 2020 Rapaport News
Women with shopping bags
Consumers Ready to Spend on Gifts – Survey
US spending on holiday gifts will be similar to last year as consumers look to celebrate after the uncertainty and stress
News Oct 22, 2020 Rapaport News
Coronavirus
Coronavirus Updates: Impact on the Diamond Trade
The Covid-19 pandemic that has swept the globe has had a notable impact on the diamond industry,
News Oct 22, 2020 Rapaport News
De Beers Industry Services grading Surat
India Rushes to Meet US Holiday Demand
Indian diamond manufacturers are planning a curtailed Diwali break as they scramble to fulfill US holiday orders amid a shortage
News Oct 22, 2020 Joshua Freedman
Petra Blues 150
Petra to Offer Collection of Blue Diamonds at Tender
Petra Diamonds plans to hold a special tender of five blue diamonds it recovered from the Cullinan mine in South
News Oct 21, 2020 Rapaport News
GSI 150
Lab Launches Synthetic-Diamond Course
Gemological Science International (GSI) has launched a new online educational course dedicated to lab-grown diamonds, it said Tuesday.The
News Oct 21, 2020 Rapaport News
Rio Tinto 150
Rio Tinto to Sell Final Argyle Specials
Rio Tinto will launch a tender of large rough diamonds, including the last of its special stones from
News Oct 21, 2020 Rapaport News
Jwaneng mine
Diamond Rebound to Boost Botswana Growth
Botswana’s government expects the country’s economy to return to growth next year on the back of a recovery in the diamond
News Oct 21, 2020 Rapaport News
Swiss Watches 150
Swiss Watch Exports Still Slow to Recover
Swiss watch exports continued to decline in September, with China the only country to see an improvement.Total shipments fell
News Oct 20, 2020 Rapaport News
FIT student at bench
Plumb Club Partners with Fashion Institute
The Plumb Club, an alliance of jewelry suppliers, has launched a collaboration with New York’s Fashion Institute of Technology
News Oct 20, 2020 Rapaport News
Petra restructure 150
Petra Lenders Take Majority Control of Company
Petra Diamonds has called off its formal sales process, as its lenders have acquired majority ownership
News Oct 20, 2020 Leah Meirovich
Brittany Lewis and Caleb Wood
Two Execs Join WD Lab Grown Diamonds
WD Lab Grown Diamonds has hired heads of marketing, merchandise and operations as the US-based producer expands under
News Oct 20, 2020 Rapaport News
Chaim Pluczenik
Chaim Pluczenik Becomes AWDC President
The board of the Antwerp World Diamond Centre (AWDC) has elected Chaim Pluczenik as president, a spokesperson for
News Oct 19, 2020 Rapaport News
MP Gahacho Kue 150
Mountain Province Output Thrives in Third Quarter
Production at Gahcho Kué rose in the third quarter as Mountain Province mined from a higher-grade portion of the deposit.Ore
News Oct 19, 2020 Rapaport News
Luk Fook Hong Kong store
Luk Fook Suffers as Tourists Snub Hong Kong
Sales at Luk Fook slumped in the second fiscal quarter as the Hong Kong-based jeweler suffered from a continued
News Oct 19, 2020 Rapaport News
Chow Tai Fook store Chengdu China
China Resurgence Lifts Chow Tai Fook
Retail sales at Chow Tai Fook grew 2.6% year on year in the second fiscal quarter as a strong recovery
News Oct 18, 2020 Rapaport News
Rio Argyle mine 150
Lower Grades at Argyle Hit Rio Tinto Output
Rio Tinto’s diamond production dropped in the third quarter amid lower mining grades at its Argyle deposit,
News Oct 18, 2020 Rapaport News
NRF Holiday Shopping 150
US Retail Sales on Recovery Path
US retail sales rose in September, marking the fourth straight month of year-on-year gains, and nearly doubling August’s
News Oct 18, 2020 Rapaport News
Diamond jewelry retail
Jewelry Trade Continues to Shrink
The US jewelry industry continued to downsize in the third quarter, with 101 companies leaving the business, according
News Oct 18, 2020 Rapaport News
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Weekly Market Comment

Sentiment improving as holiday orders and shortages support polished prices.
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