De Beers Reduces Prices at Second Consecutive Sight

NewsBrief   July 11, 2023   De Beers Reduces Prices at Second Consecutive Sight De Beers has sharply decreased its prices for select larger rough diamonds at this week's sight, as the weak market has shown few signs of recovering. India's Titan to Broaden International Presence Company aims to add 18 new Tanishq jewelry stores, with main focus on Gulf area and US.   Lucapa Chief to Exit After Nearly a Decade Nick Selby will take over as miner's interim CEO when Stephen Wetherall departs.   Bringing the Bling to Silicon Valley Luxury by the bay: Stephen Silver Fine Jewelry is leading a retail renaissance in California's tech hub. News Digest De Beers and Botswana Have (Finally) Made a Deal. What Now? (JCK)   Ekati Sale Official; New Owners Hopeful the Future Is Bright (CBC)   Michael Hill Reveals Renewed Focus on Lab-Created Diamond Range (Jeweller) Events Rapaport Jewelry Auction July 10-12 New York & Online More Details   Rapaport Melee Auction July 18-27 New York & Dubai More Details   Rapaport Single Stone Auction July 24 – August 2 New York & Israel More Details RapNet Diamond Index (RAPI™) Diamond Data Size Index Weekly Monthly Y2Y  0.30 ct 1564 -0.37% -0.64% -1.43%  0.50 ct 2371 -0.78% -3.71% -23.13%  1.00 ct 6850 -0.33% -2.24% -24.17%  3.00 ct 23377 -0.55% -1.55% -16.22% Rapaport Investment Grade Diamonds

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