rappaport Archives - News@Media

Trump Victory Improves Outlook for Diamonds and Jewelry

admin — Thu, 10 Nov 2016 08:42:39 +0000

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 in local businesses. This will fuel new domestic economic growth. […]

The post Trump Victory Improves Outlook for Diamonds and Jewelry appeared first on News@Media.

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

admin — Wed, 16 Mar 2016 10:38:47 +0000

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 retailers, pawnshops and refineries from around the world. “We are […]

The post Rapaport Hong Kong Polished Diamond Auction Sells Over 80,000 Carats for $12M appeared first on News@Media.

Polished Diamond Prices Soften in October

admin — Tue, 03 Nov 2015 11:26:38 +0000

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 deep discounts. The RapNet Diamond Index (RAPI™) for 1-carat, GIA-graded […]

The post Polished Diamond Prices Soften in October appeared first on News@Media.