Diamond Prices See Stabilizing Trend

RAPAPORT®
NewsBrief  
November 7, 2023
 
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Diamond Prices See Stabilizing Trend
RAPAPORT PRESS RELEASE, November 7, 2023, Las Vegas… Diamond prices showed a more moderate decline in October amid holiday demand and a reduction in rough supply.
De Beers Averts Strike with Five-Year Wage Deal
Venetia mine employees to get 7% pay raise in 2023, then 6% annually until 2028.
 
JGT Dubai Show Moves to November
Timing will help exhibitors capture preholiday demand.
 
Boucheron Acquires Paris High-Jewelry Workshop
Atelier comprises four companies and will increase Kering-owned brand's production capacity.
News Digest
In Diamond Center Antwerp, Russian Gems Are Already Shunned
(Reuters)
 
Indians Yet to Warm Up to Lab-Grown Diamonds, Says Titan
(The New Indian Express)
 
This Season's 'It' Jewelry Is…Old Jewelry?
(The Wall Street Journal)
 
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November 14
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Rapaport Melee Auction
November 14-22
New York & Dubai
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Rapaport Single Stone Auction
November 21-29
New York & Israel
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RapNet Diamond Index (RAPI™)
Diamond Data
Size
Index
Weekly
Monthly
Y2Y
 0.30 ct
1,398
-0.23%
-1.37%
-5.27%
 0.50 ct
1,920
0.60%
-0.89%
-29.56%
 1.00 ct
5,943
0.34%
-1.08%
-24.64%
 3.00 ct
22,098
0.11%
0.03%
-13.87%
Rapaport Investment Grade Diamonds
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