{"id":29900,"date":"2025-02-06T15:38:57","date_gmt":"2025-02-06T10:08:57","guid":{"rendered":"https:\/\/gjepc.org\/solitaire\/?p=29900"},"modified":"2025-02-27T16:53:30","modified_gmt":"2025-02-27T11:23:30","slug":"rapaport-diamond-prices-drop-in-slow-market-in-january","status":"publish","type":"post","link":"https:\/\/gjepc.org\/solitaire\/rapaport-diamond-prices-drop-in-slow-market-in-january\/","title":{"rendered":"Rapaport: Diamond Prices Drop in Slow Market in January"},"content":{"rendered":"

The diamond market was slow in January, with mixed reports about holiday sales, according to Rapaport Group. The US holiday season met the industry\u2019s low expectations. Diamond prices declined, with some improvement in 0.30- to 0.50-carat, D to F, IF to VVS2 goods. Fancy-shape diamonds of 3 carats and larger are doing better.<\/p>\n

The RapNet Diamond Index (RAPI\u2122) for 1-carat diamonds \u2014 reflecting round, D to H, IF to VS2 goods \u2014 decreased 2.3% in January. The index for 0.30-carat and 0.50-carat diamonds decreased 0.4% and 0.6% respectively, varying by colour and clarity, while 3-carat prices declined 0.9%.<\/p>\n

RapNet Diamond Index (RAPI\u2122)<\/strong><\/p>\n\n\n\n\n\n\n\n
<\/td>\nIndex<\/strong><\/td>\nJanuary<\/strong><\/td>\nYear on Year
\nFeb. 1, 2024, to Feb. 1, 2025<\/strong><\/td>\n<\/tr>\n
RAPI 0.30 ct.<\/td>\n1,043<\/td>\n-0.4%<\/td>\n-26.5%<\/td>\n<\/tr>\n
RAPI 0.50 ct.<\/td>\n1,671<\/td>\n-0.6%<\/td>\n-17.6%<\/td>\n<\/tr>\n
RAPI 1 ct.<\/td>\n4,494<\/td>\n-2.3%<\/td>\n-25.4%<\/td>\n<\/tr>\n
RAPI 3 ct.<\/td>\n18,089<\/td>\n-0.9%<\/td>\n-17.9%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u00a9 2025, Rapaport USA Inc.<\/em><\/p>\n

De Beers and the Botswana government reached a landmark agreement that includes extending joint venture Debswana\u2019s mining licenses beyond 2029. The two parties will be working together to promote natural diamonds.<\/p>\n

Rapaport informed that the rough market has been slow, with De Beers maintaining prices and selling fewer diamonds at this year\u2019s first sight.<\/p>\n

US Customs and Border Protection (CBP) is demanding that importers of polished diamonds disclose the stones\u2019 country of origin, Rapaport noted. Grandfathered diamonds \u2014 those that entered the market before sanctions on Russian diamonds went into effect \u2014 will likely be exempt. Rapaport is issuing its own Rapaport Ethical Sourcing Standard (RESS) and Rapaport Traceability Standard (RTS) for diamonds, it said.<\/p>\n

US trade wars are heating up following moves to impose tariffs on Canada and Mexico. Canadian diamonds may be subject to high US tariffs if these go through. The Chinese holiday season is not reviving demand. India demand remains stable, Rapaport said.<\/p>\n","protected":false},"excerpt":{"rendered":"

The diamond market was slow in January, with mixed reports about holiday sales, according to Rapaport Group. The US holiday season met the industry\u2019s low expectations. Diamond prices declined, with some improvement in 0.30- to 0.50-carat, D to F, IF to VVS2 goods. Fancy-shape diamonds of 3 carats and larger are doing better. The RapNet…<\/p>\n","protected":false},"author":1,"featured_media":29901,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[83],"tags":[],"thb-sponsors":[],"class_list":["post-29900","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bulletin"],"acf":[],"yoast_head":"\nRapaport: Diamond Prices Drop in Slow Market in January - Diamond jewellery\u00a0magazine<\/title>\n<meta name=\"description\" content=\"The diamond market was slow in January, with mixed reports about holiday sales, according to Rapaport Group.\" \/>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gjepc.org\/solitaire\/rapaport-diamond-prices-drop-in-slow-market-in-january\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rapaport: Diamond Prices Drop in Slow Market in January - 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