Christie’s jewellery auctions rescheduled

Christie’s Magnificent Jewels sales are postponed due to the spread of the new coronavirus.

Today

Pandora hires new Chief Commercial Officer

Pandora invited Martino Pessina to join the company as Chief Commercial Officer.

Yesterday

COVID-19: De Beers suspends March sight, permits 100% deferrals

De Beers has canceled its third sight of the year, which was set to commence today until Friday this week, due to the COVID-19 coronavirus pandemic.

30 march 2020

Nano-diamonds will be used to create masks for coronavirus - report

Master Dynamic - an engineering laboratory in the Hong Kong Science and Technology Park (HKSTP) - studies the properties of nano-diamonds as an antiseptic for the coating of surgical masks.

30 march 2020

Rapaport Price List suspended till May 1

Following an uproar in the diamond industry after the publication of its Price List on March 20, which slashed polished prices by 5% to 9% across all categories of goods, Rapaport announced that its next issue will be released in one month’s...

27 march 2020

Rapaport May Suspend Price List Amid New Furor

24 march 2020

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Image credit: OpenClipart-Vectors (Pixabay)

(jckonline.com) - Steep diamond price drops on the March 20 Rapaport Price List has caused widespread anger in the trade—and publisher Martin Rapaport (pictured) is now asking members to vote on whether to suspend its publication until May. Last Thursday’s price list was a “sea of bold”—its method of indicating a price change. The price cuts hit almost every diamond category, with the drops ranging from 5% to 9% on both rounds and fancies. The average drop was generally estimated at about 7%. In a statement released Friday, Rapaport said that while he understands why the trade dislikes the decreases, they reflect the current market.