The Auction Market Is Becoming Harder to Forecast

NewsBrief   February 20, 2023   The Auction Market Is Becoming Harder to Forecast Hammering out the details: Signed jewels and white diamonds are some of the safer bets for collectors, insiders say. US Wholesale: Diamond Suppliers Cautious After Solid Year The steady barrage of negative economic news has dealers concerned about the impact on business.   US Retail Sales Bounce Back as Inflation Eases January revenue up 3% from December, according to US Census Bureau.   Market Comment: Stimulating Diamond Desire China recovery lifts global sentiment. Dealers uncertain about US. News Digest G-7 and EU Looking at Ways to Track and Trace Russian Diamonds (Mining.com)   Hidden Camera Reveals False Claims Some Retailers Make During Diamond Sales (CBC)   Yuta Ishihara on Starting Again with Yutai (Jewelry Connoisseur) Events Rapaport Melee Auction February 14-23 New York & Dubai More Details   Rapaport Single Stone Auction February 15-27 New York & Israel More Details   Rapaport Jewelry Auction February 20-22 New York & Online More Details RapNet Diamond Index (RAPI™) Diamond Data Size Index Weekly Monthly Y2Y  0.30 ct 1565 0.86% 3.24% -8.60%  0.50 ct 2672 -0.01% -0.09% -18.19%  1.00 ct 7442 0.06% -0.83% -21.06%  3.00 ct 24661 -0.38% -0.18% -14.07% Rapaport Investment Grade Diamonds

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