Welcoem to posts!!
in the future - u will be able to do some more stuff here,,,!! like pat catgirl- i mean um yeah... for now u can only see others's posts :c
A Very Merry Christie’s: The Most Valuable Auction Jewels of 2024
Christie’s is one of the biggest players, generally holding several of the top spots for jewels with the highest prices fetched at auction. Read full story at the link below.
rapaport.com/news/a-very-merry-christies-the-most-…
Main image: Some of the top 10 most-valuable jewels at auction this year. (Christie’s/Phillips)
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Petra Diamonds has reduced its rough-pricing forecast for the remainder of the fiscal year as it grapples with continued weakness across most of its size categories. Read full story at the link below.
rapaport.com/news/petra-cuts-jobs-rough-diamond-pr…
Image: A rough diamond. (Petra Diamonds)
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Alrosa’s output for the full year dropped 4.6% from 2023 as it cut back amid sanctions, waning demand and depressed rough prices. Read full story at the link below.
rapaport.com/news/alrosa-diamond-production-drops-…
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US retail sales continued to improve in November as a strong job market gave way to healthy holiday spending, outweighing the loss of two of the month’s busiest shopping days. Read full story at the link below.
rapaport.com/news/us-retail-sales-rise-in-november…
Image: A crowded shopping mall in New York, (Shutterstock)
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De Beers has stripped around 10 sightholders of their rough-diamond allocations for 2025 and is planning to offer fewer goods overall, market insiders told Rapaport News on Sunday. Read full story at the link below.
rapaport.com/news/some-sightholders-lose-diamond-s…
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The US has placed sanctions on companies in the diamond and jewelry industry, claiming they were involved in a gold-smuggling operation. Read full story at the link below.
rapaport.com/news/us-sanctions-diamond-and-jewelry…
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Nearly all the jewels at the recent Christie’s sale managed to find buyers, including a blue-diamond ring that fetched $8.8 million. Read full story at the link below.
rapaport.com/news/blue-diamond-is-star-of-christie…
Image: The 5.72-carat blue diamond ring. (Christie’s)
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De Beers has chosen the winners of its Shining Light Awards, which honor the next generation of jewelry designers from the miner’s host countries of Botswana, Canada, Namibia and South Africa. Read full story at the link below.
rapaport.com/news/de-beers-reveals-shining-light-a…
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Couples spent an average of $2,500 to $5,000 on their engagement rings in 2024, according to a Jewelers Mutual survey. Read full story at the link below.
rapaport.com/news/most-couples-spend-up-to-5k-on-e…
Image: A woman wearing an engagement ring. (Shutterstock)
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A manufacturing supervisor at a luxury jewelry company was sentenced for stealing more than $1.7 million in gold, silver and platinum from his employer. Read full story at the link below.
rapaport.com/news/luxury-jewelry-worker-sentenced-…
Image: Gold jewelry. (Shutterstock)
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The Rapaport Group, an international network of companies providing added-value services that support transparent, efficient, & competitive diamond markets.
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With a team of professionals; our information & data management technology, global reach, independent perspective & commitment to provide our clients with first-class service, have made ‘Rapaport’ synonymous with industry standard in the diamond world.