Investment diamonds

30/08/2021

RAPAPORT... Belgium’s polished-diamond exports increased in July, though the growth was gentler than in previous months as the market began to stabilize. Rough trading saw a sharp rise, according to recent data from the Antwerp World Diamond Centre (AWDC), as miners continued to sell large...

27/08/2021

UGUST 26, 2021
RAPAPORT MARKET COMMENT

Las Vegas shows open with positive sentiment but fewer exhibitors and light traffic. Serious buyers attending. Dealers hoping JCK will signal start of holiday buying after 3Q slowdown. Polished inventory rising but shortages remain. Difficult to find top-quality diamonds. Rising expectations for holiday season, but retail growth starting to decelerate. Jewelry ranks among top-selling categories for Macy’s in 2Q. Rough market stable during De Beers sight. Prices softening on the secondary market. Gem Diamonds sells Ghaghoo mine for $4M. De Beers introduces Code of Origin program for jewelers to sell De Beers-sourced diamonds; extends Lightbox lab-grown offering to 2 ct.

Weekly Monthly Y2Y
0.30 ct
-0.55%
-1.21%
0.61%
0.50 ct
-0.33%
-0.41%
5.92%
1.00 ct
-0.07%
0.16%
19.19%
3.00 ct
-0.43%
0.04%
16.25%

27/08/2021

👍 💎

Petra Diamonds has sold two special stones from its Cullinan mine in South Africa into a partnership with diamond sourcing and supply company Stargems.The South African subsidiary of Dubai-based Stargems Group purchased a 342.92-carat, white, type IIa diamond for an upfront payment of $10...

26/08/2021

😟 Synthetics do not belong in jewelry ! 👍✍

De Beers will introduce stones of up to 2 carats from its Lightbox lab-grown diamond jewelry line, along with a high-end collection.The company, which previously only offered pieces up to 1 carat, will release the larger-sized pink, blue and white stones in October, it said last week. The new...

24/08/2021

https://www.diamonds.net/news/NewsItem.aspx?tc_dailyemail=1&ArticleID=67738&utm_campaign=NewsBrief%20and%20TradeWire&utm_medium=email&_hsmi=152311087&_hsenc=p2ANqtz-9itAvUKc2JJm4_kxZKvNSPtJDXV-UEEJogERPROiIeo2Znkf-A5Pa8Qd7anN5eE3Iis1OlNUv5xiPXbi9CPv_WUrTtbA&utm_content=152311087&utm_source=hs_email

20/08/2021

AUGUST 19, 2021
RAPAPORT MARKET COMMENT

Dealers optimistic about US market ahead of next week’s Las Vegas shows. Low visitor traffic expected. Buyers who do attend will be looking for goods and testing price levels. Foreign suppliers unable to go but watching for signals about trends and holiday prospects. Polished prices stable despite seasonal slowdown. Buyers resisting higher prices; sellers holding prices firm due to steep rough costs. Rough market robust. Stable supply anticipated at Aug. De Beers sight. Alrosa 2Q profit $412M vs. $4M in 2020. Rapaport Breakfast and Social Responsibility Conference taking place at JCK on Sunday, August 29. Register here. Rapaport Magazine publishes special Social Responsibility issue.

Weekly Monthly Y2Y
0.30 ct
-0.20%
-0.75%
4.85%
0.50 ct
-0.05%
-0.16%
9.51%
1.00 ct
0.06%
0.56%
20.54%
3.00 ct
-0.01%
0.72%
17.65%

13/08/2021

AUGUST 12, 2021
RAPAPORT MARKET COMMENT
image

Sentiment positive despite seasonal slowdown. Dealers filling orders but struggling to replace goods at current price levels. Polished prices firm even as inventory rises. Buoyant US retail driving the recovery; July jewelry sales +83%, reports Mastercard SpendingPulse. Overseas exhibitors frustrated by restrictions preventing travel to Las Vegas shows. Manufacturing profit margins under pressure following recent rough price hikes. Alrosa sells $334M of rough in July. Gem Diamonds 1H sales +41% to $104M, Letšeng mine average price +10% to $1,886/ct. Lucara Diamond 2Q revenue of $46M vs. $8M last year, profit of $6M. US June polished imports +93% to $1.6B, exports +139% to $1.2B.

Trade Wire 600X160 April 2018
RAPNET DIAMOND INDEX (RAPI™)
image
Weekly Monthly Y2Y
0.30 ct
-0.39%
-0.62%
5.52%
0.50 ct
-0.11%
0.15%
11.03%
1.00 ct
0.10%
0.90%
21.10%
3.00 ct
0.19%
0.72%
17.58%

12/08/2021

In a new article titled “2020 PIPELINE Pandemic - Blessing in Disguise for the Industry?”, industry analysts Pranay Narvekar and Chaim Even Zohar analyse

11/08/2021

Alrosa’s sales jumped year on year in July amid steady consumer demand for diamond jewelry, even as revenue for the month was the lowest since the start of 2021.Diamond revenue surged to $334 million, up from $35.8 million a year earlier when the coronavirus pandemic stunted sales, the miner...

10/08/2021

https://jewelryauctions.rapaport.com/active-auctions/jewel/auction/b9aea9b3-c398-4370-9127-a97dcc4987c6

09/08/2021

07/08/2021

😜

A 2.5-million carat sapphire, the world's largest sapphire cluster at more than half a ton, was uncovered by some workers digging a well at the home