Rapaport TradeWire May 28, 2026

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May 28, 2026
 
Rapaport Market Comment - May 28, 2026

Industry gearing up for Las Vegas shows. Positive expectations for higher-end Luxury and Antique Jewelry & Watch fairs. Diamond market awaiting JCK show for indications of US demand. Fewer overseas diamond exhibitors expected. Polished prices steady. Rough market quiet, with stable prices and low sales at De Beers’ May sight. ADPA member states call to make 4Cs grading and carat weights exclusive to natural diamonds. FY sales at Richemont jewelry maisons (including Cartier, Van Cleef) +8% to $19.3B amid price increases. Christie’s HK auction totals $74M. Rapaport announces rebrand, with RapNet to become Rapaport Trade. Register for the Rapaport JCK breakfast here.

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RAPNET DIAMOND INDEX (RAPI™)
  Weekly Monthly Y2Y
0.30 ct 0.42% 1.98% -27.78%
0.50ct 0.21% 0.64% -29.23%
1.00 ct -0.04% -0.30% -15.23%
2.00 ct 0.07% -0.36% -5.72%
3.00 ct 0.18% -0.28% -2.37%
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Market Reports
United States: High hopes for higher-end Luxury show amid solid spending by affluent consumers…
  United States: High hopes for higher-end Luxury show amid solid spending by affluent consumers…
Belgium: Synthetics continue to dent 1 ct. category…
  Belgium: Synthetics continue to dent 1 ct. category…
Israel: Low attendance expected among Israeli companies at Las Vegas shows due to market and security situation…
  Israel: Low attendance expected among Israeli companies at Las Vegas shows due to market and security situation…
<b>India: </b>Buyers selective and price-sensitive, focusing on careful inventory management and basing demand on confirmed orders…
  India: Buyers selective and price-sensitive, focusing on careful inventory management and basing demand on confirmed orders…
Hong Kong: Rounds from 0.30 to 1 ct. popular for engagement rings on mainland…
  Hong Kong: Rounds from 0.30 to 1 ct. popular for engagement rings on mainland…
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Retail Jewelers Are Turning to Tech for Inventory Management
By Jennifer Heebner

AI software, next-generation tags, and smart trays are among the innovations making it easier to log stock units and sales trends.

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From Legendary Mine to Market Leader, Muzo Redefines the Emerald Standard
Sponsored Content

By uniting heritage, innovation and responsibility, the company is setting a new benchmark for excellence.

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Hasenfeld-Stein Launches the Elongated FireCushion
Sponsored Content

Most cushions are modified. This one is brilliant.

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Natural diamonds can have weight measurements listed in carats, while lab-grown can appear only in grams.
African Producers Group Sets Limits for Synthetics Descriptors
Natural diamonds can have weight measurements listed in carats, while lab-grown can appear only in grams.
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At Gaborone summit, organization formalizes Botswana and Angola as nation affiliated members.
Cooperation Among Producing Countries Vital to Natural-Diamond Future – WFDB
At Gaborone summit, organization formalizes Botswana and Angola as nation affiliated members.
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Fraudsters offering products and financial instruments it says organization endorses.
Impostors Claiming Ties to CIBJO Again, Group Warns
Fraudsters offering products and financial instruments it says organization endorses.
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Piece is highest-priced item at Magnificent Jewels sale in Hong Kong.
Jadeite Necklace Scores $26M at Christie’s
Piece is highest-priced item at Magnificent Jewels sale in Hong Kong.
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Figure for division up 8%, with growth in all regions.
Jewelry Sees Strong Full-Year Revenue at Richemont
Figure for division up 8%, with growth in all regions.
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Mumbai-based diamond and jewelry manufacturer’s sales down 2.4%.
Asian Star Sees Dip in Full-Year Revenue
Mumbai-based diamond and jewelry manufacturer’s sales down 2.4%.
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Average amount per carat up 42% year on year at $1,501.
Rough-Price Hike Boosts Gem Diamonds’ Revenue
Average amount per carat up 42% year on year at $1,501.
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Pulling stock off public trading gives miner more flexibility for restructuring or going private.
Mountain Province Delists from Exchange in Preparation for Possible Sale
Pulling stock off public trading gives miner more flexibility for restructuring or going private.
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Court extends miner’s creditor protection.
Burgundy Looks to Sell Ekati Mine
Court extends miner’s creditor protection.
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Miner sells 36 of 37 lots for total of $26.8 million.
Gemfields’ Higher-Quality Emerald Auction Draws Strong Buyer Interest
Miner sells 36 of 37 lots for total of $26.8 million.
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Pristine Jewelers and Avianne & Co. sell to some of the biggest stars and athletes.
How Does One Become a Celebrity Jeweler?
Pristine Jewelers and Avianne & Co. sell to some of the biggest stars and athletes.
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