Time to Tackle the Diamond Industry’s Pre-Pandemic Challenges

RAPAPORT®
NewsBrief  
November 23, 2023
 
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Time to Tackle the Diamond Industry's Pre-Pandemic Challenges
Economic headwinds, Chinese caution and the threat of lab-grown are the trade's current concerns. But the recurring difficulties that existed before Covid-19 have not gone away.
Stornoway for Sale Again Following Significant Losses
Weak prices and India's import halt push miner into insolvency.
 
The Weekly Gems: News and Videos from Around the Web
Lab-grown diamonds, colored-stone prices, and royal jewels feature in this week's roundup.
 
Unique Designs Sues Signet over Product Recall
Wholesaler takes issue with retail giant's handling of customer refunds.
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Jewelers Donate Pieces for Israel Fundraising Auction
 
Pink Diamond Ring Headlines Heritage Sale
 
Manufacturing Slowdown Hits Sarine Results
 
Events
Rapaport Single Stone Auction
November 21 - December 4
New York & Israel
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Rapaport Quarterly Pawnshop Auction
December 11-19
New York & Dubai
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Rapaport Melee Auction
December 12-21
New York & Dubai
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RapNet Diamond Index (RAPI™)
Diamond Data
Size
Index
Weekly
Monthly
Y2Y
 0.30 ct
1,402
-0.01%
-0.03%
-4.56%
 0.50 ct
1,928
-0.04%
1.13%
-28.39%
 1.00 ct
5,962
0.06%
0.72%
-22.56%
 3.00 ct
22,110
-0.13%
0.27%
-12.35%
Rapaport Investment Grade Diamonds
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