Top Stories
Swiss Watch Exports Plunge Amid Halt in Asia Demand
Shipments to China and Hong Kong were lower than in March 2020, at the height of Covid-19.
Jewelry Manufacturer Unique Designs Acquires China Pearl
New purchase will allow company to offer a broader selection of goods to its customers.
Most Popular
Revenue from rough diamonds rises from last sight, still falls 18% from a year ago.
Rough
April 17, 2024
Retailers say they need to sell large volumes to make good money.
Lab-Grown
April 14, 2024
Decision follows “disruptive” impact of synthetic diamonds on market, organization says.
Lab-Grown
April 10, 2024
Dubai-based diamond sourcing and supply company will take over responsibility for environmental rehabilitation fees.
Mining
April 8, 2024
US and European clients demanding self-certification even for goods under 1 carat.
Russian sanctions
April 4, 2024
What Retailers Need to Know About Jewelry Websites: Magazine Highlights
The Lowdown on Lab-Grown Diamonds
As synthetics gain ground in jewelry collections and the minds of consumers, Rapaport Magazine takes a look at some of the latest developments in this product category.
Lab-Grown
April 2, 2024
Are You Clicking with Jewelry Customers?
Here’s how retailers can optimize their online engagement to draw in shoppers and boost the bottom line.
Retail
April 2, 2024
B Corp Beefs Up Certification Criteria
The ethical-standards program is making it tougher for companies to get its stamp of approval — a move that has pros and cons for jewelers.
Social Responsibility
April 2, 2024
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Market Comment - Apr. 18, 2024
Market quiet during seasonal slowdown ahead of Passover holiday. Steady demand for round, 1 and 2 ct., D-H, SI1-SI2 diamonds.
Russia sanctions creating concerns.
De Beers sells $445M of rough in Apr. (-18% YOY, +3% from Mar.), boosted by sanctions.
Okavango Apr. auction grosses $35M.
Petra fiscal 3Q sales -1.5% YOY to $66M.
India Mar. polished exports -27% YOY to $1.2B, rough imports -16% to $1.4B.
Gold price +10% since Mar. 18 to $2,368/ounce.
LVMH 1Q watch and jewelry sales -5% to $2.6B.
Chow Tai Fook fiscal 4Q retail sales +12% as young Chinese consumers invest in gold.
Watch Martin Rapaport webinar on source certification here.
THE RAPAPORT PRICE LIST WILL NOT BE PUBLISHED NEXT WEEK DUE TO PASSOVER.