The R&M “Lettre”

Tenoris CEO Edahn Golan’s review of the US jewelry market’s performance in 2023: a mixed bag of results.

Italian gemological lab Gem-Tech has warned the trade that a number of lab-grown diamonds circulating in the country are being sold as natural.

In this fascinating Rapaport podcast episode, Editor-in-Chief Joshua Freedman and senior journalist Leah Meirovich – both experts in the diamond world – share their thoughts on the past year and what lies ahead for 2024.

(IDEX Online) – Anglo American, parent company of loss-making De Beers, is being tipped as a takeover or merger target after its valuation dropped by over $30bn in under two years. 

The Luele mine is expected to eventually make the country the world’s third-largest diamond producer.

Pantone has unveiled its 2024 Color of the Year—Peach Fuzz (13-1023), which it called a “velvety gentle peach tone whose all-embracing spirit embraces the mind, body, and soul.”

Nicholas Moltke came on the Rapaport Diamond Podcast to explain why now is the right time to launch Botswanamark, the former De Beers executive’s single-source brand targeting US consumers.

The American economy defied pundits’ predictions of a recession in 2023, but the outlook is considerably murkier for the new year. Some economists and market analysts believe a downturn in 2024 is likely.

RAPAPORT PRESS RELEASE, November 7, 2023, Las Vegas… Diamond prices showed a more moderate decline in October amid holiday demand and a reduction in rough supply.

Despite continued growth, this marks a pivotal moment for brands; winners will define themselves through resilience, relevance, and renewal to navigate through growing turbulence.

It was midnight. The annual Kimberley Process (KP) plenary in Victoria Falls, Zimbabwe, had come to a preliminary agreement on its communiqué—which included some 90 items, mostly about administrative matters like choosing Botswana as the home of its much-delayed secretariat. The members of the certification scheme applauded.

In the jewelry world, the year kicks off with Vicenzaoro, organized by the Italian Exhibition Group(IEG) and held January 19–23, 2024, in Vicenza, Italy, about 30 miles outside Venice. The international jewelry exhibition celebrates its 70th anniversary in 2024.