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The RapNet Diamond Index (RAPI) fell for diamonds of all sizes in the month of July, continuing the decline that began in April.
The diamond expert focuses on ways retailers can accurately assess and sell fancy colored diamonds to customers in Fancy Color Diamonds, The Pricing Architecture.
Weak Las Vegas and Hong Kong shows and sluggish overall demand, despite a “steady” U.S. performance, brought polished prices down last month.
Weak Las Vegas and Hong Kong shows and sluggish overall demand, despite a “steady” U.S. performance, brought polished prices down last month.
Petra Diamonds Limited announced that the white diamond, recovered in South Africa last month, garnered $49,480 per carat during its June sales process.
Here are the top five stories published on NationalJeweler.com for the week of June 26 to July 2, according to Google Analytics.
The CEO of the company that found the 1,109-carat Lesedi la Rona said, “the historical significance of the stone seems to have been missed based on the bids offered.”
The campaign will focus specifically on Mozambican rubies and follows the company’s highest-grossing ruby auction yet.
The Rapaport Group also described trading at the recently concluded JCK Las Vegas show as “relatively weak.”
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Since 1906, National Jeweler has been the must-read news source for smart jewelry professionals--jewelry retailers, designers, buyers, manufacturers, and suppliers. From market analysis to emerging jewelry trends, we cover the important industry topics vital to the everyday success of jewelry professionals worldwide. National Jeweler delivers the most urgent jewelry news necessary for running your day-to-day jewelry business here, and via our daily e-newsletter and quarterly digital magazine. National Jeweler is published by Jewelers of America, the leading nonprofit jewelry association in the United States.
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