World Diamond Council Launches New Guidelines

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RAPAPORT... The World Diamond Council (WDC) has upgraded its System of Warranties program to cover a broader set of commitments when doing business...

US Retail Sales Get Unexpected Boost in August

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RAPAPORT... US retail sales saw a surprising rise in August as consumer demand remained steady even amid financial downturns and supply-chain challenges, the...

Indian Police Bust Counterfeit Diamond Scam

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RAPAPORT... Police in India have uncovered a fraud scheme involving lower-quality diamonds bearing counterfeit Gemological Institute of America (GIA) inscriptions belonging to higher-quality...

Gem Diamonds Back to Profit in First Half

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RAPAPORT... Gem Diamonds returned to the black in the first half of 2021 amid strong sales and a higher average price.

Belgian Diamond Firms Invest in Sierra Leone Mine

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RAPAPORT... Diamond wholesaler Samir Gems and jeweler Taché Company have agreed to fund a Sierra Leone mine in exchange for rights to its...

Hong Kong Retail Sales Still Struggling to Recover

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RAPAPORT... Hong Kong’s hard-luxury market saw its weakest growth figure for six months as the retail sector’s rebound ran out of steam amid...

Holiday Confidence High for Diamonds

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Dealers welcome fall after a stellar summer, with plenty of positivity in the run-up to the festive season. RAPAPORT... The...

De Beers to Launch New Origin Program

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Miner continues consolidation of branding and marketing efforts. RAPAPORT... De Beers is introducing a new program called “Code of Origin”...

Belgium Diamond Exports Continue to Rise

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RAPAPORT... Belgium’s polished-diamond exports increased in July, though the growth was gentler than in previous months as the market began to stabilize. Rough...

Why Afghan Gems Could Be Subject To Sanctions

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In 2019, after Trump administration officials demanded the industry declare the source of all its materials, a gem cutter complained to JCK that would be a nearly...
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Latest article

Sotheby’s Rakes In $50M at Hong Kong Auction

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RAPAPORT... Sotheby’s garnered $50 million from its Hong Kong sale Tuesday, even as several big-ticket items failed to find buyers.

Rough Diamond Breaks Dubai Record with $5M Sale

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RAPAPORT... Trans Atlantic Gem Sales (TAGS) garnered $5.2 million from the tender of a 118.58-carat rough diamond in Dubai, setting a local record.

Belgium Trade Grows, but at Slower Pace

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RAPAPORT... The Belgian diamond sector’s recovery lost steam in August as the global industry stabilized during the summer months, according to recent data...
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