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Diamonds.net - Rapaport Market Brief - October 6, 2022

News: Market sentiment cautious amid softening prices. 1 ct. RAPI -3.8% in Sep. and -9.7% during 3Q. Retail jewelers expecting steady holiday sales but being careful not to hold large inventories amid economic uncertainty. US in recession as GDP contracts for second consecutive quarter:. ....

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Rapaport Magazine - The Perils and Rewards of Custom Ring Design

He market for bespoke engagement jewelry is booming, and to deliver the goods, creators have to balance aesthetics, mechanics and client expectations.
Wedding jewelry is often one of the first large joint purchases a couple makes. That means it’s exciting, but also nerve-wracking, particularly. ....

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Diamonds.net - Orangey-Red Diamond Sells for $1.8M

RAPAPORT. A richly colored diamond initially suspected to be treated soared past expectations at Heritage Auctions last week, fetching $1.8 million and setting a record for the Texas-based company.

The round brilliant, 1.21-carat, fancy-orangey-red, I2-clarity stone went for 12 times. ....

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Diamonds.net - Israel Polished Exports More Than Double

RAPAPORT. Israel’s diamond shipments jumped sharply in September, reflecting annual variation in the timing of the Jewish holidays as well as the return of the main Far East trade show.Polished exports more than doubled to $420 million from $197.5 million a year earlier, the country’s. ....

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Rapaport Magazine - Lab and Marriage: The Rise of Synthetics in Bridal

Engagement-ring shoppers are increasingly courting grown diamonds so they can get more carats for their money. Like many merchants, Andrews Jewelers in Buffalo, New York, has been seeing an uptick in sales of lab-grown diamond engagement rings. In fact, this segment makes up some 65% of the. ....

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