RAPAPORT®
NewsBrief
June 12, 2023
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Time to Boost Independent Jewelers, Rapaport Says
Martin Rapaport called on the industry last week to support small and medium-sized retailers, which are facing increased competition from the majors and digital platforms.
55ct. Ruby Fetches World-Record $35M
Eternal Pink diamond sells for same price at high-value Sotheby’s auction.
Signet Slashes Forecast as Sales Slump
Engagements dried up in first fiscal quarter, retailer reports.
Market Comment: America Working
Diamond trading very slow. Dealers cautious as prices continue to decline.
Trending Stories
De Beers Lowers Prices as Weak Demand Continues
Diamond Trade Slow as Vegas Shows Close to Mixed Reviews
Book Review: Women of Jewelry
Events
Rapaport Melee & Quarterly Pawnshop Auctions
June 6-15
New York & Dubai
More Details
Rapaport Single Stone Auction
June 11-14
Dubai
More Details
Rapaport Single Stone Auction
June 27 – July 5
New York & Israel
More Details
RapNet Diamond Index (RAPI™)
Diamond Data
Size
Index
Weekly
Monthly
Y2Y
 0.30 ct
1572
-0.25%
-2.20%
-3.27%
 0.50 ct
2457
-0.56%
-3.56%
-22.20%
 1.00 ct
6999
-0.87%
-1.66%
-23.92%
 3.00 ct
23755
-0.28%
-0.56%
-15.82%
Rapaport Investment Grade Diamonds
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