Rapaport TradeWire May 14, 2026

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RAPAPORT ® TRADEWIRE ®
May 14, 2026
 
Rapaport Market Comment - May 14, 2026

Steady US demand for 2 ct. and larger diamonds, especially in long fancies. Antique cuts hot. US mood positive ahead of Vegas shows. GemGenève reflects strong demand for fancy-color diamonds and gemstones. India on alert as Prime Minister Modi tells public to avoid gold purchases, raises gold import duty. NDC rejects Pandora environmental claims about synthetics. Triangular-cut, 5.50 ct., fancy-vivid-blue-green, SI1 diamond fetches $17.4M ($3.2M/ct.) at Christie’s Geneva. Rapaport CEO Dan Mano to unveil new products at JCK breakfast with speech by Martin Rapaport; register here. THE RAPAPORT PRICE LIST WILL NOT BE PUBLISHED ON MAY 22 DUE TO THE JEWISH HOLIDAY OF SHAVUOT.

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RAPNET DIAMOND INDEX (RAPI™)
  Weekly Monthly Y2Y
0.30 ct 0.83% 2.42% -28.67%
0.50ct 0.19% 1.74% -29.74%
1.00 ct -0.05% -0.44% -14.71%
2.00 ct -0.11% -0.86% -5.45%
3.00 ct -0.39% -0.59% -2.30%
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Market Reports
United States: Market stable ahead of Las Vegas shows…
  United States: Market stable ahead of Las Vegas shows…
Belgium: Large turnout of Antwerp exhibitors at GemGenève show…
  Belgium: Large turnout of Antwerp exhibitors at GemGenève show…
Israel: April polished exports down 47% year on year at $208.6 million after returns…
  Israel: April polished exports down 47% year on year at $208.6 million after returns…
<b>India: </b>US buyers seeking goods, supporting overall market…
  India: US buyers seeking goods, supporting overall market…
Hong Kong: Positive sales of natural diamonds over Mother’s Day…
  Hong Kong: Positive sales of natural diamonds over Mother’s Day…
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Rapaport Breakfast Offers First Look at the Future of Pricing Intelligence

CEO Dan Mano and Martin Rapaport will speak on the state of the industry and what’s next for the company.

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Rapaport Magazine Sizes Up the Latest Industry Innovations
By Leah Meirovich

The May issue delves into tech trends, traceability, transformable jewelry, and what’s missing in retail.

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Ocean Dream fetches highest amount ever for a stone of its hue.
Blue-Green Diamond Nabs $17M and World Record at Christie’s
Ocean Dream fetches highest amount ever for a stone of its hue.
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Many items surpassed estimates at Geneva High Jewelry auction.
$12M Blue Diamond Left Unsold at Sotheby’s
Many items surpassed estimates at Geneva High Jewelry auction.
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Tariffs now 15% compared to 6% a year ago after record-high levels of incoming shipments damage rupee.
India Hikes Tax on Gold and Silver to Curb Import Levels
Tariffs now 15% compared to 6% a year ago after record-high levels of incoming shipments damage rupee.
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Council calls carbon-footprint assertion a “disappointing PR stunt that unfairly attacks natural diamonds.”
NDC Claps Back at Pandora’s Lab-Grown Claims
Council calls carbon-footprint assertion a “disappointing PR stunt that unfairly attacks natural diamonds.”
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Novita Diamonds and Linjer both put out promotions without synthetic qualifiers.
UK Ad Regulator Slaps Jewelers for Improper Lab-Grown Disclosure
Novita Diamonds and Linjer both put out promotions without synthetic qualifiers.
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Diamex founder will succeed Feriel Zerouki.
WDC Names Ronnie Vanderlinden as President
Diamex founder will succeed Feriel Zerouki.
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Revenue up 6% year on year.
Brilliant Earth Sales Rise in the First Quarter
Revenue up 6% year on year.
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Revenue up 89% year on year thanks to new collections and strong consumer confidence.
Titan’s Jewelry Revenue Soars in Fourth Quarter
Revenue up 89% year on year thanks to new collections and strong consumer confidence.
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Overall prices down 0.9% year on year.
Fancy-Color Diamond Index Slips Slightly in First Quarter
Overall prices down 0.9% year on year.
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Company posts first-quarter deficit of $14.6 million, compared to $100,000 last year.
Lucara Maintains Guidance Despite Revenue Drop, Deepening Loss
Company posts first-quarter deficit of $14.6 million, compared to $100,000 last year.
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Cost-reduction assessment could see company suspend further capital expenditure at the deposit.
Petra Weighs Future of Finsch Mine Amid Small-Stone Weakness
Cost-reduction assessment could see company suspend further capital expenditure at the deposit.
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Miner engages with shareholders and government as deficit nearly doubles.
Mountain Province Works on Deals to Preserve Liquidity Amid Deepening Loss
Miner engages with shareholders and government as deficit nearly doubles.
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New chief exec will succeed David Block.
Sarine Names Tzafrir Engelhard as CEO
New chief exec will succeed David Block.
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Prize includes $25,000 grant and summer placement for an emerging student.
Tiffany and CFDA to Debut New Scholarship for Jewelry Design Award
Prize includes $25,000 grant and summer placement for an emerging student.
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Event’s success comes amid geopolitical tensions and a downturn in some markets, organizers say.
GemGenève Achieves Record High Attendance
Event’s success comes amid geopolitical tensions and a downturn in some markets, organizers say.
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