Alrosa Halts Sales as Diamond Glut Persists

NewsBrief   September 21, 2023   Alrosa Halts Sales as Diamond Glut Persists Alrosa has canceled its next two sales and urged caution from buyers and suppliers amid a steep downturn in the diamond market. Spotlight on Sustainability: Where Jewelry and Ethics Interact Latest Rapaport supplement delves into environmental and sourcing issues facing the trade.   The Weekly Gems: News and Videos from Around the Web This week's picks from the world of jewelry include the missing ingredient in pink diamonds, along with the latest lab-grown stories.   Jewelry Sales Expected to Slip This Holiday Season Revenue from category will fall 0.3%, Mastercard predicts. Trending Stories Alrosa Finds Russia's Largest Diamond in a Decade   Over 200 Pieces of Royal Jewelry to Hit Block at Sotheby's   India Urging Miners to Be 'Responsible' About Rough Supply Events Rapaport Single Stone Auction September 12-26 New York & Israel More Details   Rapaport Quarterly Pawnshop Auction September 18-27 New York & Dubai More Details   Rapaport Melee Auction September 19-29 New York & Dubai More Details RapNet Diamond Index (RAPI™) Diamond Data Size Index Weekly Monthly Y2Y  0.30 ct 1437 -0.47% -4.70% -5.36%  0.50 ct 2003 -0.91% -8.51% -30.31%  1.00 ct 6193 -0.77% -5.61% -25.61%  3.00 ct 22359 -0.46% -2.58% -15.20% Rapaport Investment Grade Diamonds

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