Rapaport TradeWire April 16, 2026

April 16, 2026

Rapaport Market Comment - April 16, 2026 Trading cautious, with buyers purchasing for specific orders. Iran tensions weighing on industry despite ceasefire. Split between large and small goods here to stay, but prices of 0.30 to 0.89 ct. rounds stabilized since Apr. 1. Mar. RAPI for 0.30 ct. -1.1%, 0.50 ct. -3.5%, 1 ct. -1.7%, 3 ct. -0.5%. Three bidders circling De Beers ahead of Apr. 16 offer deadline: Gareth Penny, backed by Antwerp sightholders; Diacore’s Nir Livnat; and mining investor Michael O’Keeffe. Belgium Mar. polished exports -17% to $357M, with rough imports +2.5% to $312M. LVMH 1Q watch and jewelry sales -2% YOY to $2.9B due to currency impact. Kering 1Q jewelry revenue +14% YOY to $317M amid strength at Boucheron. Read More

RAPNET DIAMOND INDEX (RAPI™)   Weekly Monthly Y2Y 0.30 ct 1.14% 0.10% -28.92% 0.50ct 0.80% -3.09% -30.72% 1.00 ct -0.37% -2.37% -14.16% 2.00 ct -0.38% -1.02% -4.78% 3.00 ct 0.16% -0.74% -2.37%

Market Reports   United States: Mixed reports from Miami antique show, with ongoing interest in Taylor Swift-inspired old mine cuts…   Belgium: Larger diamonds seeing solid orders from US and Middle East…   Israel: Market reopens as US-Iran ceasefire heralds end to missile attacks on Israel…   India: Domestic jewelry sector suffering from gold-price volatility…   Hong Kong: Chinese demand for natural diamonds still quiet, prompting dealers to embrace jewelry, gemstones and lab-grown…

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Antwerp Sightholders Back Gareth Penny’s De Beers Bid – Sources By Joshua Freedman Diarough and Pluczenik will provide funding in return for a share, insiders say. Read Here

Diamond Market Cautious Amid War Impact 1-carat RAPI down 1.7% in March. See More US Jewelry-Business Closures Slow in First Quarter 159 companies shuttered during period, versus 212 a year earlier. See More US Retail Sales Continue Upward Trend in March Consumer spending rose 7% year on year and 0.4% from February. See More LVMH Jewelry Revenue Slides at Start of the Year Division, which includes Tiffany & Co. and Bulgari, down 2% in first quarter. See More Jewelry Sales at Kering Hit Record Level in First Quarter Segment saw ‘standout demand’ in Japan and Asia Pacific regions, says luxury group. See More Diamond Club West Coast Elects New Board Kalpesh Jhaveri, founder of K.R. Gems and Diamonds, reelected as president. See More Sotheby’s to Offer Largest-Ever Collection of Vintage Cartier Watches Over 300 timepieces will go under the hammer in Hong Kong, Geneva and New York auctions this year. See More Alexandrite Ring to Hit Auction Block at Sotheby’s Hong Kong Piece carries high estimate of over $190,000 in April sale. See More Sapphire to Shine at Phillips Geneva Auction Ring has an upper estimate of $600,000 at May 11 sale. See More Jadeite Necklace Scores Big at Poly Auction Piece is top seller, bringing in $1.8 million in Hong Kong. See More

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