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Reductions aren’t enough to ease profitability concerns, sightholders say.
Rough
May 7, 2024
1-carat RAPI down 3.5% in April.
Industry
May 7, 2024
Increased sales volume outweighed weaker rough prices.
Mining
May 2, 2024
For sale: Diamond miner with unprecedented political challenges operating in the toughest market for years.
Mining
May 2, 2024
Sales and output fell in first quarter due to sluggish market.
Mining
April 30, 2024
Diamonds and Designs: Rapaport Magazine Highlights
Rapaport Magazine Checks Out Trending Fancy Cuts
Consumers are exploring diamond shapes beyond the classic round brilliant, offering designers broader opportunities.
Industry
April 3, 2024
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
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Why this traditionally second-place metal could be a winner for retailers this year.
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Market Comment - May. 09, 2024
Slow sales impacting prices. IF-VS weakening. 1 ct. RAPI -3.5% in Apr.; prices of round, 1 ct., D-H, SI +1%.
Finest-cut fancy shapes strong in larger sizes. Marquises moving well.
India manufacturing fewer goods ahead of summer vacation.
De Beers reduces prices at May sight: 3-grainer and smaller rough by 4%-6%, caraters by 4%. Sightholders still struggling to profit.
EU proposes exempting pre-Jan. 2024 rough and pre-Mar. polished from Russian sanctions.
Trade preparing for Las Vegas shows amid uncertain US consumer demand.
Richemont acquires Italian jeweler Vhernier.