RAPAPORT®
NewsBrief
August 22, 2024
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Karowe Mine Yields Massive 2,492ct. Rough Diamond
Lucara Diamond Corp. has unearthed a diamond weighing 2,492 carats from its Karowe mine in Botswana, billing it as one of the largest stones ever recovered.
Couture’s Must-Have Jewelry for the Holidays
Five of the biggest trends to emerge from the latest edition of the Las Vegas show.
Why Jewelry Auction Buyers Are Getting Younger, and This Week’s Other News
Members of the editorial team pick their favorite pieces from the internet.
Lugano Diamonds Brings US Luxury to the UK
Art, equestrianism and philanthropy are at the heart of this American jeweler’s business, which is now expanding to Europe.
Trending Stories
De Beers Cancels August Sight, Combines with October Sale
HB Deal Boosts Lucara Diamond Sales
Sarine Revenue Benefits from Addition of Synthetic-Diamond Services
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The RapNet Diamond Index (RAPI™) is being revised due to elimination of diamond listings from China. These diamonds have been listed at low prices, with sellers demanding extra fees related to currency conversion. This week’s technical increase in RAPI indices does not reflect any sudden change in market conditions or prices.
RapNet Diamond Index (RAPI™)
Diamond Data
Size
Index
Weekly
Monthly
Y2Y
 0.30 ct
1,101
0.86%
-1.70%
-26.86%
 0.50 ct
1,780
1.16%
-0.70%
-18.61%
 1.00 ct
4,955
1.36%
-1.30%
-24.44%
 3.00 ct
19,024
0.95%
-0.67%
-17.11%
Rapaport Investment Grade Diamonds
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