Diamond Prices Continue to Fall

RAPAPORT®
NewsBrief  
September 5, 2023
 
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Diamond Prices Continue to Fall
RAPAPORT PRESS RELEASE, September 5, 2023, Las Vegas… The diamond market weakened in August as economic challenges persisted and synthetics expanded their market share.
Belgian Regional Government Invests in Diamond Traceability Solution
Tech provider iTraceiT will use $273,000 to expand into India and the US.
 
Swarovski Takes Lab-Grown Global with Aid of IGI
Crystal maker's targets include Europe, Far East and UAE.
 
Borsheims Promotes Four Executives
Adrienne Perry, Sean Moore, Julie McAlpine and Andy Brabec take on newly created roles.
News Digest
Lab-Grown Gems Are Crashing Prices for One Key Type of Diamond
(Mining Weekly)
 
LVMH-Backed Luxury Watch Site Hodinkee Cuts a Fifth of Jobs
(Fashion Network)
 
Watches of Switzerland Should Be Worried About Its Rolexes
(The Washington Post)
 
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
1463
-1.61%
-5.02%
-3.89%
 0.50 ct
2057
-2.23%
-9.44%
-29.30%
 1.00 ct
6371
-1.06%
-4.93%
-24.82%
 3.00 ct
22785
-0.10%
-1.76%
-14.28%
Rapaport Investment Grade Diamonds
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