Rapaport TradeWire June 11, 2026

June 11, 2026

Rapaport Market Comment - June 11, 2026 Industry reflecting on positive Las Vegas shows for 2 ct. and larger diamonds. High-end jewelers placed orders at fairs. Small diamonds seeing upward price correction following inventory drop and as brands capitalize on low valuations. May RAPI: 0.30 ct. +2.1%, 0.50 ct. +0.9%, 1 ct. -0.3%, 3 ct. -0.5%. Botswana reportedly seeking Gulf backing for De Beers bid. Petra’s Finsch mine suspends production. Russia bans word “diamond,” carat weights, and color and clarity grades for synthetics. Alrosa launches diamond promotion program. Chow Tai Fook FY revenue +5% to $12B, profit +52% to $1.2B. Pear modified brilliant, 31.62 ct., fancy-blue, VVS1 diamond sells for $8.4M ($265K/ct.) at Christie’s NY. Read More

RAPAPORT TRADE DIAMOND INDEX (RAPI™)   Weekly Monthly Y2Y 0.30 ct 0.41% 2.55% -27.13% 0.50ct 0.37% 0.92% -28.49% 1.00 ct 0.02% -0.34% -15.24% 2.00 ct -0.35% -0.59% -5.73% 3.00 ct -0.16% -0.48% -2.19%

Market Reports   United States: Sentiment strong following Las Vegas shows, where high-end jewelers that carry top luxury brands signed purchase orders and bought goods outright…   Belgium: 1 to 2 ct. selling well…   Israel: Some companies benefiting from strength of 2 ct. and larger rounds and fancies, as well as niche cuts…   India: Manufacturers showing supply discipline…   Hong Kong: Mainland diamond market stable, with slight signs of recovery…

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Rapaport Magazine Celebrates Natural Diamonds By Sonia Esther Soltani The June issue highlights new collections, old cuts, and story-led marketing initiatives. Read More

Webinar: What Millions of Diamonds Taught Us After 25 years and millions of diamonds, GCAL has seen the good, the bad, and the uncomfortable sides of diamond grading. This candid founder-led conversation with Donald, Pamela, and Angelo Palmieri will share the stories behind the standards. Read More

US Proposes 12.5% Tariffs on India By Joshua Freedman Plan is response to alleged leniency on forced labor. Read More

Why Botswana Goes to JCK Las Vegas By Joshua Freedman Interview with Debswana CEO Andrew Maatla Motsomi. Read More

Prices of Small Diamonds Recover 0.30 ct. RAPI up 2.1% in May. See More Alrosa Develops Long-Term Program for Natural-Diamond Promotion Campaign, aimed at generating sustainable demand, will run through 2030. See More Russian Govt. Announces New Regulations for Lab-Grown Jewelry Guidelines aim to enhance transparency in labeling and describing synthetics. See More Alrosa Sees Record Demand for Diamonds Stones above 10.80 carats and fancy-color goods dominated May sales. See More Botswana Seeks UAE and Oman Support to Acquire De Beers Stake Anglo American moves forward with the sale of its 85% share in the diamond producer. See More Luk Fook Estimates Huge Profit Increase in Latest Fiscal Year Earnings to rise 80% to 90% for 2026. See More Two Blue Diamonds Fetch over $8M Each at Christie’s New York Magnificent Jewels rakes in $49.7 million. See More Natural Diamonds Exec Sally Morrison to Leave De Beers Market lead stepping down after two years in the post, while Shefali Murdia joins as miner’s US general manager. See More Stream Family Collection Brings In $17.3M at Christie’s 49.91-carat diamond ring fetches $2 million, beating its $700,000 high price. See More Ruby Necklace Grabs 14 Times High Price at Bonhams Jewel beats $150,000 top estimate, raking in $2.2 million in New York. See More

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