The report delves into trending styles, the most popular jewelry brands by city, and why Belle Époque jewelry could be the next big thing.
The Rap Price List Is Now Weekly Again
The Rapaport Group has nixed the idea of publishing its price list just once a month and scrapped plans for an advisory board.
New York—The Rapaport Group is rolling back all the changes made to its price list following an uproar over a price cut earlier this year.
In mid-March, as the coronavirus paralyzed business worldwide, Chairman Martin Rapaport cut list prices by an average of 7 percent across the board, angering hundreds of dealers and big diamond companies who wondered how there could be such a big swing in price when trading had virtually come to a halt.
Martin Rapaport refused to budge on the price cut, maintaining it accurately reflected what was happening in the market, but did organize a vote among RapNet members on suspending the list during the crisis.
They voted in favor of suspension, and the Rapaport Price List was put on ice until Friday, May 1.
While the list was suspended, Rapaport held two webinars in which he detailed a number of changes he would make when Rapaport Group resumed publication of the list.
He said they would:
— Shift to publishing the Rap list monthly, instead of weekly;
— Introduce a RapNet TradeSheet with discount ranges that will be published weekly; and
— Assemble an advisory board to give input on the list.
But in a note to subscribers published June 11, just a month after the list returned, the Rapaport Group announced it was reverting to publishing the Rapaport Price List every week.
“The diamond markets are returning to activity and it is important that we have the flexibility to change our benchmark prices when and how we see fit,” it stated.
Rapaport Group also said it is nixing the release of the weekly TradeSheet because it has “caused confusion and concern among retailers and added-value suppliers” and decided against having an advisory committee due to “anti-trust and security considerations.”
“While we will continue to regularly contact market participants for market and price information we will not establish a formal advisory committee … We are open to advice and information from all market participants and encourage them to contact us at prices@diamonds.net.”
The next Rapaport Price List is scheduled to come out today, June 19.
The Latest

Respondents were concerned about the future of the labor market and their income as well as the rising prices of gas and groceries.

The campaign highlights the asymmetrical high jewelry necklace style that the jeweler first created in 1879.

Submit your pieces for a chance to win in this year's competition.

It will explore the life of “The King of Diamonds” and showcase more than 165 creations from the brand.


Two suspects have been arrested in connection with the complex phone scam.

In her first column for National Jeweler, Jennifer Shaheen asks jewelers if they know how to connect with the next generation of consumers.

Retailers are seeking new ways to attract customers, increase traffic, and create revenue – Estate buying events are a popular solution.

The annual awards cover tuition for an on-site educational course at the Swiss lab, as well as flights and lodging.

The jeweler partnered with the Tennessee resort to honor its 50th anniversary with limited-edition blackberry pendants and earrings.

The third-generation jeweler shared how the North Carolina retailer is celebrating this milestone and the love story that started it all.

The class, led by renowned metalsmith Cynthia Eid, highlighted Argentium silver as an alternative to gold amid high prices.

The show is slated for Oct. 16-19 at the Miami Beach Convention Center.

The “Empresses” capsule uses 19th-century medals depicting Napoleon, Joséphine, and Marie-Louise across five one-of-a-kind pieces.

The retailers at the top of the list offer affordable products and fun, discovery-fueled experiences.

Daniel Bing was formerly the marketing director for the Americas at Vacheron Constantin.

In our Piece of the Week, the designers reimagine the tennis bracelet with green enamel wrapped around a strand of “Desert Diamonds.”

The industry veterans join the podcast to discuss diamond marketing, the FTC Jewelry Guides, and lobbying for lower tariffs.

Founder Vik Westermann said the app is a “starting point” to inspire people to work with appraisers and gem labs, not replace them.

The Verdura brooch, which belonged to the late Virginia Fortune Ryan Ogilvy, was sold to a private collector in Asia.

The five students were awarded a total of $10,000 through the nonprofit’s 2026 “Future of Jewelry Making” scholarship.

Steven Lerche is now beginning his term as the youngest member to become president of The Plumb Club’s elected executive committee.

Murphy will retire at the end of the year and Alexander, currently the company’s president, will take over at the start of 2027.

The jeweler is encouraging customers who own lookalike rings to come into the store and trade them for credit towards an authentic piece.

The new campaign, “You Are The Occasion,” discourages shoppers from saving their fine jewelry for special occasions only.

One is the driver who allegedly crashed a car into a Sacramento jewelry store in April, striking a 71-year-old employee who later died.

In a new column, Peter Smith posits that people actually enjoy putting together IKEA furniture, and the same is true for engagement rings.























