Webinar: Why the Diamond Market Has Slowed

NewsBrief   May 23, 2023   Webinar: Why the Diamond Market Has Slowed Wholesale trading has remained slow through the second quarter of 2023, resulting in a continued decline in polished prices. Sarine Revenue Drops Amid Economic Caution First-quarter profit was $800,000, down from around $3.4 million a year earlier.   Jewels from Mellon Family to Hit Sotheby's New York Selection includes sapphire and diamond necklace carrying $3.5 million upper estimate.   Costello & Rossi's Founding Duo on Finding the Perfect Piece The real deal: Anellie Manolas and Susan Abeles talk about sourcing, transparency, and collecting versus selling. News Digest India Gem and Jewelry Exports Sluggish; Industry Hopeful for Revival (Money Control)   Why Men Wearing Flamboyant High Jewelry Is Nothing New (South China Morning Post)   She Flushed a Diamond Ring Down the Toilet. 13 Years Later, It Resurfaced. (The Washington Post) Events Rapaport Single Stone Auction May 17-30 New York & Israel More Details   Rapaport Quarterly Pawnshop Auction June 6-13 New York & Dubai More Details   Rapaport Melee Auction June 6-15 New York & Dubai More Details RapNet Diamond Index (RAPI™) Diamond Data Size Index Weekly Monthly Y2Y  0.30 ct 1592 -0.90% -0.73% -1.81%  0.50 ct 2513 -0.94% -3.25% -20.71%  1.00 ct 7090 -0.25% -1.86% -23.03%  3.00 ct 23866 -0.08% -1.01% -15.35% Rapaport Investment Grade Diamonds

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