US. Tariffs Shake Up World’s Diamond Centers
The proposed new definition targets a broader range of armed groups. Member countries would veto anything stronger.
US. Tariffs Shake Up World’s Diamond Centers
The proposed new definition targets a broader range of armed groups. Member countries would veto anything stronger.
Sotheby’s High Jewelry Auction Rakes In over $31M
Graff diamond ring is top lot, beating high estimate to bring in $3.2 million.
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Market Comment: June 3, 2025
Las Vegas fairs reflect split market. Luxury show strong, with retailers and consumers buying high-end jewelry. JCK mixed. Jewelry solid. Steady demand for 2 ct. and larger rounds. Long fancies hot. Round goods under 1.20 ct. sluggish. Large retailers postponing orders until tariffs become clearer. Exhibitors with pre-tariff inventory had advantage. Overseas companies that shipped goods through temporary importation under bond (TIB) unable to sell directly. Retailers shifting back to natural as synthetics margins fall. Good trading at Antique and Couture fairs.
Prices and flexibility stable at De Beers sight.
Debswana pauses part of Botswana production.
Indian market quiet.
Martin Rapaport captivates large crowd at JCK breakfast.