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Rapaport Weekly Market Comment
Sentiment mixed as Nov.-Dec. holiday season begins amid continued rise in Covid-19 cases. Dealer trading slow as manufacturers
Polished Markets Oct 29, 2020 Rapaport News
Sarine Galaxy
Manufacturing Rebound Boosts Sarine Revenue
Sales at Sarine Technology improved in the third quarter as diamond-manufacturing levels increased following a lockdown in India, the equipment
Manufacturing Oct 29, 2020 Rapaport News
Blue Nile Lightbox 150
Blue Nile to Sell Lightbox Lab-Grown Diamonds
Blue Nile has launched an exclusive line of Lightbox lab-grown diamond jewelry, its first foray into synthetics
Retail Oct 29, 2020 Leah Meirovich
Tiffany engagement rings
LVMH Seals Tiffany Takeover at Lower Price
Tiffany & Co. and LVMH have settled their public dispute, agreeing to a reduced price for their
Retail Oct 29, 2020 Rapaport News
Dvash with Diamond
Yoram Dvash to Step Down as Israel Bourse Head
Israel Diamond Exchange (IDE) president Yoram Dvash will not run for a third term, choosing instead
Polished Markets Oct 28, 2020 Rapaport News
Adobe online shopping 150
Adobe Predicts Huge Jump in Online Holiday Sales
E-commerce spending in the US is set to “shatter” all previous records for the holidays, according to Adobe Analytics.Sales will
Retail Oct 28, 2020 Rapaport News
Letseng diamonds
Letšeng Prices Exceed Pre-Pandemic Levels
Gem Diamonds’ sales rose sharply in the third quarter as rough prices from its lucrative Letšeng mine
Rough Markets Oct 28, 2020 Rapaport News
Rough diamonds Dominion
Dominion Seeks Rescue Deal to Avoid Liquidation
Dominion Diamond Mines may have to enter liquidation if it fails to find a buyer or investor, chairman Brendan Bell warned
Mining Oct 28, 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,
Polished Markets Oct 28, 2020 Rapaport News
Petra Finsch 150
Petra Sales Rise as Rough Prices Recover
Petra Diamonds’ revenue jumped in the three months ending September 30 as rough prices grew and the company
Mining Oct 27, 2020 Rapaport News
AWDC 150
New Banking Law Set to Support Antwerp Trade
Belgium’s federal parliament has approved a new law entitling diamond companies to open bank accounts even after
Polished Markets Oct 27, 2020 Joshua Freedman
Yoram Dvash
Trade Must Continue Transformation, Dvash Urges
The week of September 14 was as momentous as they come for Yoram Dvash. The 56-year-old head of the Israel
Polished Markets Oct 26, 2020 Avi Krawitz
Students learning to sort rough diamonds in De Bee
De Beers Delays New Sightholder Contract
De Beers has extended its current sightholder contract by three months after the Covid-19 pandemic disrupted the
Rough Markets Oct 26, 2020 Joshua Freedman
De Beers Diamond Jewellers Ring
Preparing for a Holiday Season Like No Other
Rapaport’s quarterly Diamond Trends Webinar outlined the key developments the trade should look out for
Polished Markets Oct 26, 2020 Rapaport News
Firestone rough 150
Firestone to Test Diamond Prices in November
Firestone Diamonds plans to sell a portion of its inventory next month to assess the prices it can secure for
Mining Oct 26, 2020 Rapaport News
WJA Olivia Shih 150
Industry Group Awards Jewelry-Design Scholarship
The Women’s Jewelry Association (WJA) has awarded the 2020 Cindy Edelstein scholarship to California-based jewelry designer
Polished Markets Oct 26, 2020 Rapaport News
Christies Geneva Graff Brooch 150
Christie’s to Offer 107ct. Yellow Diamond
Christie’s will offer a brooch by Graff containing a 107.46-carat, fancy-yellow diamond at its Geneva Magnificent Jewels auction.The piece,
Polished Markets Oct 26, 2020 Rapaport News
Kering Boucheron store 150
Asia Rebound Drives Kering Jewelry Sales
Kering’s jewelry brands performed well in the third quarter of 2020 amid a recovery in the luxury-goods market in the
Retail Oct 26, 2020 Rapaport News
Patent
WD Opens Up Lab-Grown Patents to Distributors
WD Lab Grown Diamonds has entered into patent sublicensing agreements with two synthetics companies, enabling them
Financial-Legal Oct 25, 2020 Rapaport News
rough diamonds Dominion 150
Rio Tinto Wants to Sell Dominion’s Diamonds
Rio Tinto has asked a Canadian court to allow it to sell its partner’s portion of rough diamonds from the
Mining Oct 25, 2020 Rapaport News
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Weekly Market Comment

Sentiment improving as holiday orders and shortages support polished prices.
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