Pink Diamond Nabs Supreme $11M Price at Christie’s

NewsBrief   November 28, 2023   Pink Diamond Nabs Supreme $11M Price at Christie's A ring featuring a 15.48-carat diamond known as the Pink Supreme was the star item at the most recent Christie's jewelry auction in Hong Kong, fetching HKD 83.9 million ($10.8 million). Tourism Recovery to Boost Global Luxury Spending – Bain Jewelry market will exceed $32 billion this year amid investment demand, report estimates.   India's Rough Imports Rise Despite Supply Freeze Polished exports declined in October, latest figures show.   Inspired Jewels Shine at Salon Art + Design Ten exhibitors display eye-catching vintage and contemporary pieces at New York fair. News Digest Angola's New Diamond Mine Opens Against Backdrop of Weak Demand (Reuters)   Surat's Diamond Units Reopen After Recession-Induced Long Holidays (The Indian Express)   Warrior Pieces – How Jewelry Toughened Up (Financial Times) Events Rapaport Single Stone Auction November 21 - December 4 New York & Israel More Details   Rapaport Quarterly Pawnshop Auction December 11-19 New York & Dubai More Details   Rapaport Melee Auction December 12-21 New York & Dubai More Details RapNet Diamond Index (RAPI™) Diamond Data Size Index Weekly Monthly Y2Y  0.30 ct 1,407 0.34% 0.55% -3.83%  0.50 ct 1,937 0.58% 1.67% -27.79%  1.00 ct 5,966 0.03% 0.75% -22.20%  3.00 ct 22,108 -0.22% 0.35% -12.14% Rapaport Investment Grade Diamonds

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