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Diamonds.net - Rapaport Market Brief - October 6, 2022

News: Market sentiment cautious amid softening prices. 1 ct. RAPI -3.8% in Sep. and -9.7% during 3Q. Retail jewelers expecting steady holiday sales but being careful not to hold large inventories amid economic uncertainty. US in recession as GDP contracts for second consecutive quarter:...

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Diamonds likely spared in latest round of Russian sanctions - Jeweller Magazine: Jewellery News and Trends

The European Union is currently developing the framework for further sanctions against Russia in response to the ongoing conflict in Ukraine.

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Diamonds.net - Rapaport Market Brief - September 29, 2022

News: Diamond trading quiet over Jewish holidays. Dealers cautious due to market slowdown as polished prices continue decline. US jewelers optimistic for 4Q. Stock market slump and strong dollar affecting sentiment. Volatile euro and record-low Indian rupee (INR 81.90/$1) squeezing dealer...

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Diamonds.net - Rapaport Market Brief - September 22, 2022

News: Polished demand slower than usual at this time of year. Jewelers optimistic for holiday season but hesitant to buy inventory. Consumers seeking convenient and interactive shopping experience that combines digital and in-store platforms. De Beers rough prices stable at Sep. sight;...

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Diamonds.net - Rapaport Market Brief - September 8, 2022

News: US market optimistic as holiday season approaches. Sales not expected to match 2021, but jewelers seeing steady interest as consumer confidence improves. Memo houses selling well. Luxury jewelry doing better than commercial qualities. International dealers and manufacturers cautious....

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Diamonds.net - Rapaport Weekly Market Comment

News: US market holding up well, but international trading under pressure with significantly weaker demand. China slow amid continued negative impact of Covid-19. Dealers uncertain about price levels. 1 ct. RAPI -3.6% in Aug. Top brands and retail programs buying at stable prices. Independents...

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Diamonds.net - Rapaport Weekly Market Comment

News: Diamond market cautious with slow trading as Belgian and Israeli dealers return from summer break. Some optimism for US holiday season as New York trading improves slightly. Rise in memo calls. Far East quiet, particularly China, with reduced demand for 0.20 to 0.30 ct. sizes. Primary...

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Diamonds.net - Rapaport Weekly Market Comment

News: Trading seasonally quiet during summer lull. Lack of sales to Far East weakening sentiment, with US demand supporting market. Increasing concern about impact of inflation and higher interest rates on mid-income consumers. Holiday outlook positive. Manufacturers maintaining lower...

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Major step forward for lab-created diamonds - Jeweller Magazine: Jewellery News and Trends

The State Bank of India (SBI), the country’s largest private lender, has designed a policy to fund lab-created diamond manufacturers in what may prove to be a major step forward for the emerging industry.

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Diamonds.net - Rapaport Weekly Market Comment

News: Diamond market cautious amid China slowdown and US economic uncertainty. Polished prices declining. Inventory remains high. IIJS show reflects upbeat Indian jewelry market and spurs optimism for Diwali. Cutters maintaining lower production and anticipate strong demand for De Beers rough...

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