News
RAPAPORT TRADE ALERT - July 27, 2018
by Klim Brik — Jul 29, 2018New US Federal Trade Commission Guidelines Still Require Full Disclosure for Synthetic Diamonds
Tourism Increase Drives Hong Kong Jewelry Sales
by Klim Brik — Apr 07, 2018http://www.diamonds.net/news/NewsItem.aspx?tc_dailyemail=1&ArticleID=62114 Apr 4, 2018 4:24 AM By Rapaport News RAPAPORT... Sales of jewelry and other luxury goods in Hong Kong grew in the first two months of the year amid stronger employment rates and increased tourism.
More Than 1,000 Jewelry Businesses Shut in 2017
by Klim Brik — Jan 22, 2018http://www.diamonds.net/news/NewsItem.aspx?tc_dailyemail=1&ArticleID=59819 Jan 21, 2018 4:25 AM By Rapaport News
GIA Finds Synthetic Diamond with Forged Inscription
by Klim Brik — Nov 25, 2017Nov 13, 2017 8:31 AM By Rapaport News RAPAPORT... Fraudsters forged a Gemological Institute of America (GIA) inscription on a synthetic diamond to make it appear that the stone was the true bearer of a natural-diamond grading report, the institute said. http://www.diamonds.net/news/NewsItem.aspx?tc_dailyemail=1&ArticleID=59551
Alrosa Sees Stable June Rough Market
by Klim Brik — Jul 12, 2017Jul 11, 2017 4:04 AM By Rapaport News RAPAPORT... Alrosa sold $365 million worth of diamonds last month amid a steady rough market, the Russian miner reported Monday. http://www.diamonds.net/news/NewsItem.aspx?tc_dailyemail=1&ArticleID=59067
Polished Diamond Prices Decline in June
by Klim Brik — Jul 06, 2017RAPAPORT PRESS RELEASE, July 5, 2017, New York… Polished diamond prices softened in June after the JCK Las Vegas show demonstrated a cautious and changing US market. http://www.diamonds.net/news/NewsItem.aspx?tc_dailyemail=1&ArticleID=59049
Alrosa Profit Slumps Despite Inventory Sell-Off
by Klim Brik — May 31, 2017RAPAPORT... Alrosa’s rough-diamond revenue declined in the first quarter as sales shifted to lower-quality goods, the Russian miner said. May 28, 2017 5:09 AM By Rapaport News http://www.diamonds.net/news/NewsItem.aspx?tc_dailyemail=1&ArticleID=58926
Today's Headline Stories
by Klim Brik — May 17, 2017World’s Priciest Earrings Fetch $57M May 17, 2017 2:04 AM By Rapaport News http://www.diamonds.net/news/NewsItem.aspx?tc_dailyemail=1&ArticleID=58899
ALROSA to Start Branded Diamond Marketing
by Avi Krawitz — Feb 15, 2017RAPAPORT... ALROSA is planning to launch marketing programs promoting Russian-mined diamonds, chief executive officer Andrey Zharkov said Monday.
Steady Activity Lifts Mood at Israel Diamond Week
by Rapaport News — Feb 15, 2017RAPAPORT... Sentiment improved at the Israel Diamond Exchange (IDE) on Wednesday as dealers started the third day of trading during the bourse’s International Diamond Week.
De Beers Grading Firm Makes Asian Debut
by Rapaport News — Feb 15, 2017RAPAPORT... Soo Kee Group will become the first Singaporean jewelry retailer to offer gemological reports from De Beers grading unit.
Signet Reports Bleak Holiday Season
by Rapaport News — Jan 29, 2017RAPAPORT... Signet Jewelers endured disappointing holiday sales as technical issues on its ecommerce platform dampened its performance in an overall weak jewelry market.
Households Unaware of 80% Rise in Jewelry Value
by Rapaport News — Jan 29, 2017RAPAPORT... Vintage jewelry has gained more than 80 percent in value in the past decade, with many owners not realizing how much money they are sitting on, U.K.-based auction house Bonhams said.
Israel Diamond Trade Signs Deal with Tax Authority
by Rapaport News — Dec 19, 2016Israel’s diamond industry reached an agreement with authorities on a new law that exempts traders from paying taxes if they incur a loss.