Top Stories
What’s Causing China’s Diamond Slump?
Diamonds in China are underperforming other jewelry categories amid economic and cultural changes affecting Chinese consumer habits.
De Beers Moving Auctions Head Office to Botswana
Relocation from Singapore will bring business under same roof as sightholder sales.
Most Popular
Spotlight on Estate Jewelry: Best of Rapaport Magazine
The Big Book of Van Cleef & Arpels
A ‘dictionary’ of Van Cleef & Arpels’s glorious creations showcases the jewels and techniques that have made the maison famous.
Jewelry
April 2, 2024
What’s New at Hancocks
An upgraded location for the London icon lets it sell its rare antique and vintage jewels in style.
Jewelry
April 2, 2024
Geoff Hess of Sotheby’s Talks Vintage Timepieces
Face to Face: The auction house’s head of watches for the Americas reflects on the latest trends and connoisseurs’ most coveted models.
Watches
April 2, 2024
Rapaport
Market Data
Diamonds
Metals
Currencies
Equities
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THE RAPAPORT PRICE LIST WILL NOT BE PUBLISHED NEXT WEEK DUE TO PASSOVER.