Rapaport TradeWire July 9, 2026

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July 9, 2026
 
Rapaport Market Comment - July 9, 2026

Market steady. Round prices stable, with select categories firming amid tight supply. US wholesale quiet during extended July 4 holiday period and start of summer. Round, 1 to 1.99 ct., F-J, VS-SI diamonds showing early signs of demand recovery. De Beers significantly cuts rough prices at July sight, especially for goods under 0.75 ct. (3-grainers), to align with market; miner trims sightholder list from 70 to 45-50 at first sale under new contract. India’s Titan fiscal 1Q jewelry sales +39% YOY, with mid-30s growth percentage for studded pieces. Three candidates running for WFDB president at World Diamond Congress in Singapore (July 12-15).

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RAPAPORT TRADE DIAMOND INDEX (RAPI™)
  Weekly Monthly Y2Y
0.30 ct 0.19% 4.24% -22.78%
0.50ct 0.26% 1.28% -25.71%
1.00 ct 0.04% -0.57% -15.22%
2.00 ct -0.24% -1.00% -5.73%
3.00 ct 0.52% 0.97% -1.17%
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Market Reports
United States: Positive trend emerging in round and fancy, 1 to 1.99 ct., F-J, VS-SI goods, broadening demand that had been concentrated in 2 ct. and larger…
  United States: Positive trend emerging in round and fancy, 1 to 1.99 ct., F-J, VS-SI goods, broadening demand that had been concentrated in 2 ct. and larger…
Belgium: Shortages most evident in larger sizes and collection goods…
 
  Belgium: Shortages most evident in larger sizes and collection goods…  
Israel: Market quiet. Ongoing uncertainty about security situation…
  Israel: Market quiet. Ongoing uncertainty about security situation…
<b>India: </b>Buyers showing greater confidence; suppliers firmer on asking prices…
  India: Buyers showing greater confidence; suppliers firmer on asking prices…
Hong Kong: Diamonds positioned as luxury purchases for investment and emotional significance, with synthetics filling lower end…
  Hong Kong: Diamonds positioned as luxury purchases for investment and emotional significance, with synthetics filling lower end…
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‘I Want Rapaport to Behave Like the Tech Company It Always Was’
By Joshua Freedman

CEO Dan Mano explains why RapNet became Rapaport Trade – and how the Price List will become truly transparent.

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Rare Contested WFDB Election Reflects Diamond Industry’s Chasms
By Joshua Freedman

Three candidates emerge ahead of next week’s presidential vote.

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Rapaport Magazine Makes Time for Luxury Watches
By Leah Meirovich

The July issue reviews the state of the main and secondhand markets, with data on brands and buyers.

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How the GIA Identifies Gem Origin
By Joshua Freedman

Nicole Ahline, supervisor for colored stones, shares her knowledge.

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Revenue from jewelry segment up 39% year on year in first quarter.
Titan Sales Rise Amid Holiday Demand
Revenue from jewelry segment up 39% year on year in first quarter.
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Thieves grab around 20 pieces from the Musée Lalique in Wingen-sur-Moder.
Burglars Steal $4.6M Worth of Jewelry from French Museum
Thieves grab around 20 pieces from the Musée Lalique in Wingen-sur-Moder.
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32 companies from Belgium, UAE, India and Namibia have secured spots to purchase for the next three years.
Namdia Reveals New Rough-Buyer List
32 companies from Belgium, UAE, India and Namibia have secured spots to purchase for the next three years.
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Karen Fox and Jenna Siegel will receive complimentary registration for the Converge 2026 conference, as well as other prizes.
AGS, GIA Name Scholarship Award Winners
Karen Fox and Jenna Siegel will receive complimentary registration for the Converge 2026 conference, as well as other prizes.
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Eight jewelry trade associations will receive funding.
Jewelers of America Reveals Recipients of 2026 Impact Initiative
Eight jewelry trade associations will receive funding.
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Agreement aims to strengthen collaboration and develop opportunities for members across the gemstone sector.
London, Dubai Bourses Partner to Boost Global Diamond Trade
Agreement aims to strengthen collaboration and develop opportunities for members across the gemstone sector.
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Jeweler will partner with a leading talent each year to design collections, starting with stylist Harry Lambert.
Pandora Launches New Creative Platform
Jeweler will partner with a leading talent each year to design collections, starting with stylist Harry Lambert.
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Inbound shipments likely to rise 3.3% year on year in July as retailers stock up.
US Imports Forecast to Hit Record High Ahead of Possible August Tariffs
Inbound shipments likely to rise 3.3% year on year in July as retailers stock up.
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