G7 to Restrict Imports of Russian Diamonds Starting January 1

NewsBrief   December 7, 2023   G7 to Restrict Imports of Russian Diamonds Starting January 1 The Group of Seven (G7) nations have announced plans to curtail the import of Russian diamonds in a staggered process throughout next year. India to End Freeze on Rough Imports Industry leaders decide not to extend voluntary pause beyond December 15.   Blue Diamond Nabs $5.5M at Christie's New York Sale Ring with cushion-cut, 3.49-carat, internally flawless stone leads Magnificent Jewels auction.   Rapaport Magazine Showcases the Most Coveted Vintage Looks In the latest issue, we discover which estate jewelry eras are in highest demand, how jewelers can harness AI, and why managers should keep an open mind when hiring new sales associates. News Digest On Data: How Are Independents Doing So Far This Holiday Season? (National Jeweler)   Lab-Grown Diamonds: How Do You Handle Trade-Ins and Buybacks? (JCK)   This New Experiential Jewelry Store Lets You Watch Designs Come to Life (Robb Report) Events Rapaport Quarterly Pawnshop Auction December 11-19 New York & Dubai More Details   Rapaport Melee Auction December 12-21 New York & Dubai More Details   Rapaport Single Stone Auction December 20-27 New York & Israel More Details RapNet Diamond Index (RAPI™) Diamond Data Size Index Weekly Monthly Y2Y  0.30 ct 1,408 -0.07% 0.72% -4.08%  0.50 ct 1,937 0.04% 0.87% -27.72%  1.00 ct 5,965 -0.21% 0.37% -21.69%  3.00 ct 22,034 -0.28% -0.30% -12.24% Rapaport Investment Grade Diamonds

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