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Karowe Mine 150
Lucara Sales Jump as Supply Deal Pays Off
Lucara Diamond Corp. saw sales and profit recover in the first three months of 2021 as demand improved
News May 09, 2021 Rapaport News
Mastercard jewelry credit Shutterstock 140
US Jewelry Sales Leap in April
Jewelry sales in the US more than tripled in April as consumers anticipated a return to gatherings and events, according to Mastercard
News May 09, 2021 Rapaport News
Rapaport Research Report May 2021 Cover
A Brave New World for the Diamond Trade
Health concerns aside, the diamond trade is in better shape than it was a year ago. In fact, the market
Analysis May 06, 2021 Avi Krawitz
FCRF blue and pink fancy color diamonds
Fancy-Color Price Index Rebounds
Prices of fancy-color diamonds increased in the first quarter as the American market showed renewed demand for high-end
News May 06, 2021 Rapaport News
Employee holding three rough diamonds in palm of h
De Beers Sight Sees Strong Demand, Low Supply
Rough-diamond demand was robust at this week’s De Beers sight despite the ongoing Covid-19 crisis in India, customers
News May 05, 2021 Joshua Freedman
Hong KOng Retail 140
Hong Kong Retail Sales Continue Resurgence
Hong Kong-based retail sales of jewelry and other hard-luxury items surged in March as Covid-19 restrictions eased and
News May 04, 2021 Rapaport News
TSL HK 140
Hong Kong Jeweler TSL Warns of Loss
Tse Sui Luen (TSL) expects to report a loss for the full fiscal year amid a drop in consumer
News May 03, 2021 Rapaport News
India Ambulance
Diamond Trade Launches India Fundraising Drive
The diamond industry has rallied behind efforts to alleviate the dire Covid-19 situation in India, with various
News Apr 29, 2021 Rapaport News
India Covid testing
Volatility Looms Amid India’s Covid-19 Crisis
The dramatic spike in Covid-19 infections in India has injected uncertainty into the diamond market. As the country
Analysis Apr 29, 2021 Avi Krawitz
Gemfields Kagem emeralds 140
Gemfields Sales Spike at Emerald Auction
Gemfields clocked its highest auction revenue since March 2016 at a sale of emeralds from its Kagem mine
News Apr 28, 2021 Rapaport News
Polished diamond
China’s Diamond Trade Roars Back
China’s polished-diamond imports rose almost fivefold in the first quarter as the mainland retail market extended its
News Apr 28, 2021 Rapaport News
Swiss Watches Geneva 150
Swiss Watch Exports Surge in March
Switzerland’s watch trade saw a sharp increase in exports in March, benefiting from a favorable comparison with the onset
News Apr 26, 2021 Rapaport News
India flag
Trade Alert: India Covid-19 Crisis
India is undergoing a severe Covid-19 crisis that will impact the global diamond trade. India manufactures about
Trade Alert Apr 22, 2021 Rapaport
Michael Hill store 140
Michael Hill Gets a Boost from Digital Sales
Michael Hill’s sales rose in the third fiscal quarter as robust e-commerce growth compensated for store closures
News Apr 21, 2021 Rapaport News
GIA-graded diamonds
GIA India Turnaround Time Increases
Fresh Covid-19 measures in India have lengthened the grading turnaround time at the Gemological Institute of America (GIA),
News Apr 20, 2021 Joshua Freedman
Luk Fook China store
Luk Fook Sales Jump as Economy Reopens
Luk Fook’s same-store sales rose 30% in the fourth fiscal quarter amid the recovery of the Chinese
News Apr 19, 2021 Rapaport News
Chow Tai Fook store 140
China Recovery Boosts Chow Tai Fook
Chow Tai Fook’s sales surged in the fourth fiscal quarter amid the reopening of the greater China
News Apr 19, 2021 Rapaport News
Mountain Province Gahcho Kue 140
Mine Shutdown Impairs Mountain Province Output
Production from Mountain Province’s Gahcho Kué mine fell in the first quarter amid an unplanned shutdown of the
News Apr 19, 2021 Rapaport News
NRF credit Shutterstock 140
Stimulus Spurs March US Retail Sales
US retail sales rebounded strongly in March as consumers went out to spend the stimulus money they had received
News Apr 18, 2021 Rapaport News
Mumbai during lockdown April 2020
Mumbai Diamond Trade Exempt from Lockdown
India’s gem and jewelry industry has obtained an exemption from the strict Covid-19 measures that have
News Apr 14, 2021 Joshua Freedman
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Weekly Market Comment

Diamond market activity slower due to spike in Covid-19 cases in India.

Rapaport Reports

Magazine
Volatility looms amid India’s Covid-19 crisis

The dramatic spike in Covid-19 infections in India has injected uncertainty

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