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Geopolitical and economic forces are disrupting the industry, but there’s opportunity to be had in the decline of retailers’ synthetic margins, diamond-jewelry resale and a $72 trillion inheritance boom. The diamond markets are in crisis as we enter a period of great transformation. While it is important to remain optimistic, we must also be realistic […]
Rapaport Magazine breaks down the leading options on the market, from physical tracers to user-driven blockchains. Technology firms have been tackling the challenge of diamond traceability for many years. Now that interest in tracking systems is growing, tech providers are pushing their solutions, which tend to fall into three categories: systems that match the diamond […]
The drop in diamond recoveries is a response to market conditions, but also a reflection of diminishing prospects for viable new mines. Diamond miners are postponing sales and reviewing their production plans amid the weak market environment. “We have taken the proactive decision to defer the upcoming August-September tender from our South African operations, to […]
Louis Vuitton unveils the campaign for its new High Jewelry collection ‘Awakened Hands, Awakened Minds,’ embodied by Louis Vuitton Ambassador, Ana de Armas. The new Louis Vuitton campaign comprises three visuals, one of which reveals the most astonishing diamond of all the high jewelry collections presented in June. This colored diamond is extremely rare, not […]
It is rare to find photographs of ‘rough diamonds’ of a fine jewelry quality on the internet. Rough diamonds are stones in their natural state as they are found in the earth before being cut and polished to become the jewels that you know. Rubel & Ménasché is proud to present an exceptional photo to […]
At the annual conference of the WFDB (World Federation of Diamond Bourses), which brought together the Chairs of the world’s diamond bourses in Shanghai in March, expert Avi Krawitz gave an assessment of how the diamond market has evolved over the last 20 years. Exploring the complex interactions between economics, geopolitics, market fluctuations, new practices […]
On Monday, De Beers’ customers turned up at the first day of the miner’s January sight to find rough prices were down by an average of 10% to 15%. The reductions were more drastic than many had predicted.
De Beers has kept rough-diamond prices steady since July despite the market downturn. Rapaport News Editor Joshua Freedman asks whether the world’s largest diamond miner by value will change its strategy in the New Year.
Phillips auction house will offer a 20.19 ct. fancy intense pink diamond—the most valuable jewel it’s ever put up for sale—when it holds its first jewelry auction in Geneva, Switzerland, on Nov. 6.
The fancy vivid blue diamond was estimated to sell for as much as $37 million at Sotheby’s Hong Kong.
Alrosa has canceled its next two sales and urged caution from buyers and suppliers amid a steep downturn in the diamond market.
‘Succession’s’ Roy family helped bring this trend back in a major way.
