America’s Jewelry Market Takes Center Stage in Rapaport Magazine’s New Issue

The latest edition takes readers through tariffs, trends and the Las Vegas trade fairs.

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The cover of the May-June 2025 issue of Rapaport Magazine image

The US jewelry market is in motion: adapting, evolving, and revealing new patterns of consumer behavior in response to shifting economic and political pressures. In our May-June issue, Rapaport Magazine explores how tariffs, rising gold prices and global supply-chain shifts are influencing everything from pricing strategies to sourcing decisions.

Examining the real-time effects of import tariffs on designers and retailers, our writers unpack what these economic policies mean in practice — and what’s at stake if the tariffs continue.

As Las Vegas Jewelry Week approaches, brands and buyers share what’s trending, what’s selling, and how they’re adjusting to rising costs and evolving consumer appetites. Plus, we deliver a jewelry trend report from the fall-winter 2025 fashion catwalks, explore how designers are reimagining serpentine curves for the Year of the Snake, and sit down with Couture exhibitor Graziela Kaufman for an in-depth interview. 

Alongside our preview of the major shows and buying trends, we spotlight American retailers rewriting the rules — from Hamilton Jewelers’ refurbished Worth Avenue boutique in Palm Beach, Florida, to the latest names lighting up New York City in a rush of new openings.

We also dive into America’s own mineral wealth with a special report on Montana sapphires, as well as a guide to other US-mined gems and the local cutters who can shape them. In a moment when provenance matters more than ever, these domestic treasures offer not just a tariff workaround, but sustainability and storytelling possibilities.

In addition, the latest issue explores the hybrid future of auctions, with insights from industry insiders on how digital bidding is impacting the physical salesroom, and whether purposefully setting presale estimates low is a strategy worth pursuing. As part of our Auctions & Estate section, we have launched “The Essentials,” a new article series by author Ruth Peltason that explores the major jewelry houses. Each installment offers an educational history of the iconic brands dominating the secondary market, plus a dealer’s take on what to look out for when buying and pricing these pieces. With all the hype around the Victoria and Albert Museum’s latest jewelry exhibition, where better to start than with Cartier?

Read the May-June 2025 issue of Rapaport Magazine here.

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