De Beers will extend the terms of its current sightholder agreement through June 30, 2026, amid uncertainty in the diamond industry, a company spokesperson told Rapaport News on Friday. “Our focus is ...
Natural diamonds polished in the European Union will no longer be subject to tariffs upon import into the US. The exemption, which brings the tax rate to 0% from the previous 15%, is part of a US ...
Recent trade fairs in Asia confirm growth in one market and decline in another, with tariffs putting the brakes on all sales to the US. Sales values and attendance were both up at the 72nd Bangkok ...
Signet-owned luxury brand Jared Jewelers has launched a new collection featuring traceable natural diamonds, along with a celebrity campaign. Every diamond in the new collection, called Storied ...
US holiday retail sales will rise during the traditional two-month holiday period, but consumers may opt for fixed-budget goods such as gift cards in the wake of higher tariffs on other items, ...
A 12.56-carat sapphire and diamond ring took the center stage at a recent Sotheby’s auction in Hong Kong, selling for HKD 18.7 million ($2.4 million), within its estimates. The piece, which bears a ...
A video edition of the Rapaport Diamond Podcast digs into the rough-diamond sector with the help of special guest Adam Schulman, founder and CEO of tender house Koin International. Schulman joined ...
Thailand has long served as a center for colored gemstones. Its ruby and sapphire deposits and its strategic location — neighboring the gem-rich nations of Myanmar (Burma), Cambodia and Vietnam — have ...
Too many rough diamonds were pushed into the market during the recovery period from Covid-19. The industry enjoyed a strong period in 2021 and the beginning of 2022, and perhaps didn’t foresee the ...
Rough of 2.50 to 4 carats has been strong for two months, leaving some perplexed amid mixed polished sales. Rough diamonds of 2.5 carats and larger are seeing solid sales at this week’s De Beers sight ...
The drop in diamond recoveries is a response to market conditions, but also a reflection of diminishing prospects for viable new mines. Diamond miners are postponing sales and reviewing their ...
In mid-2023, as China’s real-estate crisis lingered, property firms started to offer gold bars as an incentive to buy their apartments. Unlike real estate, gold is perceived to hold its value, the ...