A year ago, we highlighted three issues that would be important for the diamond and jewelry industry during 2024. How did these develop throughout the year, and what’s in store for 2025? Rapaport ...
The Rapaport Market Comment presents the crux of each week’s trends and news in a succinct format. Internally, we call it the “5-liner” because of the space it takes on the Rapaport Price List.
Government also working on creating diamond exchange and manufacturing center.
Alrosa deputy CEO Vladimir Marchenko is leaving his position with the Russian miner to move to another business in the industry. Marchenko joined Alrosa in 2017 as vice president of production for ...
Love was in the air in 2024, as countless celebrities celebrated their engagements with dazzling rings that stole the spotlight. From bold colored gemstones to massive diamonds, these rings showcased ...
Hong Kong retail sales fell in November as consumers spent less on luxury items, but the decrease eased from October. Revenue from jewelry, watches, clock and valuable gifts dropped 5% year on year to ...
Among the auction houses, Christie’s is one of the biggest players, generally holding several of the top spots for jewels with the highest prices fetched at auction. But this year, the company smashed ...
Of the many stories the Rapaport News team wrote in 2024, some gave us pause, many seemed important, and others provided interesting information. However, some were downright surprising, unexpected, ...
This year saw an increasing number of industry activities that were sometimes illegal, and many times morally dubious. From lab-grown diamonds submitted for grading as natural, to a surge in ...
The past year has been difficult for the diamond trade. However, there have been periods of stabilization as well as specific categories that have outperformed others. Rapaport Senior Analyst Joshua ...
Finding rough diamonds is not an easy task, and locating those over 100 carats is exponentially more difficult. Having formed in the earth billions of years ago, most of these stones naturally come in ...
Output from Angola’s diamond mines came to a record 12 million carats in 2024, surpassing 10 million carats for the first time. The rise in production is the result of legal and tax reforms the ...