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Rapaport Weekly Market Comment
Optimism fueled by upbeat US demand and rising expectations for Feb. 12 Chinese New Year. Polished scarcities supporting
News Jan 21, 2021 Rapaport News
Alrosa
Alrosa Sales Surge in Final Months of Year
Sales at Alrosa showed a strong recovery in the fourth quarter of 2020 amid holiday demand and a rise in activity
News Jan 21, 2021 Rapaport News
WJA Susan Chandler 140
Women’s Jewelry Association Names New President
The Women’s Jewelry Association (WJA) has chosen Susan Chandler, the chief merchandising officer for Citizen
News Jan 21, 2021 Rapaport News
IGI lab grown report 140
IGI Lab-Grown Reports to Indicate Treatments
The International Gemological Institute (IGI) has updated its grading report for synthetic diamonds to include information
News Jan 21, 2021 Rapaport News
Manufacturing Surat India
India Polished Exports Drop 31% in 2020
India’s polished-diamond exports fell 31% to $14.17 billion in 2020, according to Rapaport calculations based on data from the
News Jan 21, 2021 Rapaport News
Richemont HK store 140
Resurgent Jewelry Sales Lift Richemont
Richemont’s jewelry sales increased 9% year on year in the third fiscal quarter as strong growth across most of its
News Jan 20, 2021 Rapaport News
Everledger Lucara 30 carat diamond
Quartet Teams Up to Verify 30-Carat Diamond
Everledger has partnered with three major industry organizations to offer traceability for a 30-carat diamond from the
News Jan 20, 2021 Rapaport News
Rio Tinto Diavik diamonds 140
Rio Tinto Output Falls Amid Argyle Closure
Rio Tinto’s diamond production fell in 2020 as the miner reduced output from its Argyle site in Australia
News Jan 20, 2021 Rapaport News
Petra 299ct 140
Petra Rough Prices Rise to Pre-Pandemic Levels
Rough-diamond prices at Petra Diamonds’ January tender rose 8% on a like-for-like basis, returning to levels seen before Covid-19, the
News Jan 19, 2021 Rapaport News
GSI natural lab-grown
GSI Now Testing for Undisclosed Natural Diamonds
Gemological Science International (GSI) has launched a service that tests lab-grown diamond jewelry for undisclosed natural
News Jan 19, 2021 Rapaport News
Todd Reed colored rough diamond rings from NDC hol
Diamonds in Demand Among Millennials, Gen Z
Diamond jewelry is the most desired tangible luxury product among consumers under the age of 40, second
News Jan 19, 2021 Rapaport News
AGS Conclave 140
American Gem Society Announces 2021 Conclave
The American Gem Society’s (AGS) annual Conclave will return this year, with a live event in Dallas,
News Jan 19, 2021 Rapaport News
Luk Fook store HK 140
Mainland Recovery Can’t Save Luk Fook Sales
Sales at Luk Fook slid in the third fiscal quarter as a slump in the Hong Kong market outweighed a recovery
News Jan 19, 2021 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 Jan 19, 2021 Rapaport News
Diamonds Do Good Rebecca Foerster 140
Alrosa US Chief to Head Diamonds Do Good
Diamonds Do Good (DDG) has named Rebecca Foerster as its new president. She will succeed Anna Martin,
News Jan 19, 2021 Rapaport News
Michael Hill 140
Canada Lockdown Weighs on Michael Hill
Michael Hill’s sales slipped 2.8% in the first half of its fiscal year as a lockdown in Canada outweighed growth
News Jan 18, 2021 Rapaport News
Diversity study 140
Jewelry Industry Fares Well Overall on Racial Justice
Members of the US jewelry industry are happy overall with the level of racial justice and equality found
News Jan 18, 2021 Rapaport News
Podcast Episode 1
Podcast: Digital or Bust?
Diamond and jewelry companies have raised the stakes when it comes to using online platforms to engage with
News Jan 18, 2021 Rapaport News
Lucara 341ct 140
Karowe Yields First Large Diamond of 2021
Lucara Diamond Corp. has unearthed a 341-carat white diamond at its Karowe mine in Botswana, the first over
News Jan 17, 2021 Rapaport News
Petra Diamonds Williamson mine
NGO Warns Petra Lenders About Abuse Claims
Rights and Accountability in Development (RAID), a UK-based nonprofit, has written to Petra Diamonds’ major debt holders to raise
News Jan 17, 2021 Rapaport News
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Weekly Market Comment

Optimism fueled by upbeat US demand and rising expectations for Feb.
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Elle Hill CEO of industry consulting firm Hill & Co.
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