Rapaport TradeWire May 21, 2026

May 21, 2026

Rapaport Market Comment - May 21, 2026 Industry preparing for Las Vegas shows. US retail positive. Dealers expect interest in 2 ct. and larger rounds and long fancies at Luxury and JCK, especially antique shapes and warm colors. Prices improving in round, 0.30 to 0.89 ct., D-H, IF-VS2 goods. 5 ct. and larger collection goods robust. Rough market quiet, with dealers expecting low sales and stable prices at May 25-29 De Beers sight. Russia reportedly considering duties on diamond exports to ​support domestic manufacturing. India’s Titan reports growth in studded jewelry, with boost from diamond promotion festival. Burgundy working on sale of troubled Ekati mine. Register for the Rapaport JCK breakfast here. Read More

RAPNET DIAMOND INDEX (RAPI™)   Weekly Monthly Y2Y 0.30 ct 1.18% 2.15% -28.23% 0.50ct 0.21% 0.91% -29.59% 1.00 ct -0.23% -0.85% -15.10% 2.00 ct -0.07% -0.71% -5.43% 3.00 ct 0.16% 0.25% -2.38%

Market Reports   United States: Market stable, with solid demand for larger diamonds…   Belgium: 1 ct. diamonds soft as synthetics take market share…   Israel: Market slow, with focus on upcoming JCK and Luxury fairs in Las Vegas…   India: Country seeing strong domestic jewelry sales, especially in commercial and bridal categories…   Hong Kong: Local and mainland buyers focusing on larger diamonds for investment, especially 3 to 10 ct., D-F, IF-VVS goods in round, pear and oval shapes…

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Nomis Jewelry Offers New Looks with a Twist By Leah Meirovich Designer Alyona Kiperman’s transformable pieces blend creative engineering with precious metal and gemstones. Read More

Adventures in Art Takes Travel Retail to a New Level By Leah Meirovich Karen Stone Talwar’s trailblazing initiative curates jewelry-centric trips for luxury aficionados. Read More

How Practical AI Is Reshaping Gemstone Content Production Sponsored Content Most of the AI being sold to the trade fails on a real stone. Eliran Dahan and Tal Kenig, cofounders of 3D Foundry Labs, talk about what works instead. Read More

Titan Campaign Reignites Natural-Diamond Demand in India Jeweler also plans to expand lab-grown offering from one to 12 stores in coming year. See More April US Retail Sales Get Boost from Tax Refunds Revenue up 0.5% to $757.1 billion for the month. See More US Growth Drives Record Watches of Switzerland Sales Country now accounts for more than half of total group revenue. See More Burgundy Weighs Sale of Ekati Mine as It Works to Stay Afloat Supreme Court of British Columbia grants company extension on creditor protection. See More Christie’s to Offer 15ct. Sapphire at Its New York Auction Piece has a $1.8 million high price at the Magnificent Jewels sale. See More Emerald and Diamond Necklace to Shine at Phillips Piece is likely to fetch up to $800,000 in New York. See More Sapphire Ring Nabs Over 21 Times High Estimate at Sotheby’s Piece was top lot at $11.7 million Geneva Fine Jewelry auction. See More Colored Sapphires Make Over Six Times High Estimate at Christie’s Pair of earrings rakes in $385,500 in Geneva, smashing its $56,900 presale price. See More Boucheron Tiara to Lead Bonhams London Auction Piece, featuring a 3.60-carat diamond, has a high estimate of $401,800. See More

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