Trump Victory Improves Outlook for Diamonds and Jewelry

Trump's election victory coupled with Republican control of Congress is expected to set the stage for improved economic conditions that will support increased demand for diamonds and jewelry. Lower taxes, higher domestic employment and the end of Obamacare will increase disposal income and encourage investment…

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Rapaport Hong Kong Polished Diamond Auction Sells Over 80,000 Carats for $12M

Rapaport Auctions closed its auction last week at the Hong Kong show achieving $12M for over 80,000 carats. The auction consisted of hundreds of parcels of recycled and finely assorted premium quality diamond parcels in all shapes, qualities and sizes. The diamonds were sourced from…

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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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