Polished Diamond Prices Rise in January

Shortages Spur Increases in RAPI for 0.30-0.50ct. Diamonds New York - Polished diamond prices rose in January as shortages continue to support the market. U.S. demand is steady after a reasonably good holiday season, while China's wholesale market slowed as the focus shifted to retail…

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Polished Diamond Prices Soften in October

November 3, 2015, New York ... Polished diamond prices fell in October despite rising expectations for the U.S. holiday season. Trading improved but turnover is well below last year's levels. Suppliers are holding large polished inventory, while dealers are trying to buy select goods at…

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RapNet Suspends Members Suspected of Falsifying GIA Reports

October 28, 2015, New York ... RapNet, the Rapaport Diamond Trading Network, has suspended 10 members pending further investigation. The members have also been suspended by the Gemological Institute of America (GIA) for allegedly participating in a scheme that hacked into the GIA's computer system…

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Six suspects arrested for allegedly stealing diamonds

Pretoria – Six suspects have been arrested after they allegedly broke into a safe and stole three diamonds at a diamond mine in Prieska, Northern Cape, in the early hours of Monday morning. It has been alleged that the driver of a mining dump truck…

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Polished diamond prices down

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December 3, 2014, New York ... Polished diamond prices fell again in November as suppliers lowered prices in an effort to raise cash flow. Tight liquidity remains the biggest challenge facing diamond dealers and manufacturers. Demand is selective with low trading levels, while the focus…

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