Diamond Trade Pressures GIA to Rethink Digital Dossiers

NewsBrief   April 4, 2023   Diamond Trade Pressures GIA to Rethink Digital Dossiers Diamond dealers and manufacturers have complained to the Gemological Institute of America (GIA) about its new paperless dossier reports, claiming they reduce security and are less popular among retailers. Rapaport Presentation: Synthetics, Russian Sanctions In his speech at International Diamond Week in Israel, Martin Rapaport presented a way forward for the industry.   Quiet Diamond Market Reflects Economic Caution Trading was slow in March due to US economic uncertainty and a stalled recovery in China.   NRF Expects Softening of US Retail Sales in 2023 Growth will be slower amid inflation, rising unemployment and banking turmoil. News Digest Tiffany & Co. Pulls April Fools' Day Prank with Launch of 1,837ct. Diamond Sneakers (FN)   Here's Why Your Best Business Move Could Be to Add Estate Jewelry (Instore)   Luxury Watchmakers Woo Generation Z with Snapchat and Bitcoin (France 24) Events Rapaport Melee Auction April 10-19 New York & Dubai More Details   Rapaport Single Stone Auction April 17-24 Israel More Details   Rapaport Webinar Sponsored by IGI: Diamond Reports in a Digital World April 18, 10 a.m. EST Online Register Here RapNet Diamond Index (RAPI™) Diamond Data Size Index Weekly Monthly Y2Y  0.30 ct 1603 0.01% 1.25% -2.71%  0.50 ct 2631 -0.45% -1.37% -18.81%  1.00 ct 7322 -0.43% -1.84% -23.38%  3.00 ct 24354 -0.32% -0.74% -15.99% Rapaport Investment Grade Diamonds

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