CrimeAug 18, 2026
2 California Men Arrested in Fatal Vehicle Smash RobberyOne is the driver who allegedly crashed a car into a Sacramento jewelry store in April, striking a 71-year-old employee who later died.
SourcingOct 11, 2016
Diamond Prices Remain Relatively Unchanged in Sept.
Diamond prices fluctuated little between August and September, the latest report from the Rapaport Group shows.
An aerial shot of Alrosa’s Udachny underground diamond mine in Russia. Alrosa, De Beers and the Rapaport Group all issued updates on the diamond market last week.
New York--Diamond prices fluctuated little between August and September, the latest report from the Rapaport Group shows.
Prices for 1-carat, half-carat and 3-carat diamonds all dropped very slightly, 0.2 percent, while prices for 0.3-carat diamonds rose 0.3 percent month-over-month.
Year-to-date (Jan. 1 to Oct. 1), prices have dropped for 1-carat (down 2 percent) and 3-carat diamonds (10 percent) but are up 0.3 percent and 3.5 percent for 0.3-carat and 0.5-carat diamonds, respectively.
The Rapaport Monthly Report stated that the holiday season in the United States is “not expected to be stellar” due to cautious consumer spending among economic volatility and “political uncertainty,” a reference to the presidential election, which will be over in about a month.
The report also mentions the fact that industry’s “much-anticipated generic marketing campaigns” are not yet established enough to make a real difference; Stephen Lussier of De Beers and the Diamond Producers Association said as much last week when the DPA screened the first commercials for “Real is Rare.”
“The key is, it’s a first step in this journey,” he said, referencing the industry’s years-long effort to get a generic marketing campaign off the ground. “We’re not setting out to transform Christmas this year.”
Rapaport’s outlook differs from the forecasts released by the National Retail Federation and PricewaterhouseCoopers this week, and the projection made last month by Deloitte. All three are calling for a solid year-over-year increase in holiday sales.
De Beers & Alrosa Sales
Also last week, De Beers Group reported provisional results for the eighth sales cycle of the year, which ran from Sept. 6 to Oct. 3.
Preliminary results indicate that the diamond miner and marketer sold $485 million in rough diamonds to sightholders and via its auction platform.
CEO Bruce Cleaver said De Beers’ sales were slightly above expectations given the normal seasonal demand patterns, the shorter-than-normal period between sales cycles seven and eight, and the upcoming holidays at some of the world’s major diamond cutting centers, such as Diwali in India.
(A figure for a year-over-year comparison is not available, as this is the first year De Beers has been releasing cyclical sales results.)
The company also revised its provisional sales figure for sales cycle seven, from the $630 million figure shared last month up to a final of $639 million.
Here’s how De Beers’ rough diamond sales have tracked so far this year.
First sales cycle: $545 million
Second: $617 million
Third: $666 million
Fourth: $636 million
Fifth: $564 million
Sixth: $528 million
Seventh: $639 million
Editors' Picks
Sponsored by
Eighth: $485 million (provisional)
Alrosa, too, issued a report on its sales results for September.
The Russian mining company said rough diamond sales totaled $435.1 million, while polished sales were $18.9 million, equaling total diamond sales of $454 million for the month.
Alrosa Vice President Yury Okoemov said the company saw “good demand” in all categories of rough and that sales were up “significantly” over September 2015, though the company did not provide a year-over-year figure for comparison.
Alrosa, too, issued a report on its sales results for September.
The Russian mining company said rough diamond sales totaled $435.1 million, while polished sales were $18.9 million, equaling total diamond sales of $454 million for the month.
Alrosa Vice President Yury Okoemov said the company saw “good demand” in all categories of rough and that sales were up “significantly” over September 2015, though the company did not provide a year-over-year figure for comparison.
More on Sourcing
The Latest
ColumnistsAug 18, 2026
Peter Smith: The IKEA Effect and Bridal Branding In a new column, Peter Smith posits that people actually enjoy putting together IKEA furniture, and the same is true for engagement rings.
CrimeAug 18, 2026
Thieves Snatch $1M in Jewelry From New Jersey Jeweler9lakha Jewelers in Iselin, New Jersey, was the target of a smash-and-grab robbery on Aug. 8.
Brought to you by
Why More Jewelry Retailers Are Hosting Turnkey Estate Buying EventsRetailers are seeking new ways to attract customers, increase traffic, and create revenue – Estate buying events are a popular solution.
Lab-GrownAug 18, 2026
Ring Concierge, Kendall Jenner Collab on Bridal Earrings GiveawayThe jeweler has partnered with Jenner’s 818 Tequila brand to gift lab-grown diamond studs to a bride-to-be and their bridal party.
Weekly QuizAug 13, 2026
This Week’s QuizTest your jewelry news knowledge by answering these questions.
Events & AwardsAug 17, 2026
Exhibition on Louis Comfort Tiffany’s Studios to Open at The MetThe exhibition will feature more than 100 drawings of stained-glass lampshades, windows, and more, many created by women and émigrés.
CollectionsAug 17, 2026
Marquise Diamonds Dance in Spinelli Kilcollin’s ‘Wren’ CollectionMarquise-cut diamonds in drop charms are the center of the new collection, reflecting the movement of a dancer in modular styles.
Brought to you by
Wedding Band Trends 2026: Personalization Takes Center StageColored gemstones, artisan finishes, mixed metals, and meaningful details are shaping demand in bridal jewelry.
Events & AwardsAug 17, 2026
There’s a New Jewelry Show Coming to FloridaThe inaugural Fort Lauderdale Jewelry, Antique, & Object Show will be held from Jan. 28 through Feb. 1, 2027.
IndependentsAug 14, 2026
Smyth Jewelers to Open Fourth LocationThe family-owned jeweler will open a new showroom in Bel Air, Maryland, this fall.
CrimeAug 14, 2026
Wife of Man Convicted in Jeweler’s Murder Sentenced for Conspiracy Amanda Ileana Hernandez is married to Carlos Hernandez, one of two men in prison for the 2024 murder of Michigan jeweler Hussein Murray.
TrendsAug 14, 2026
Paul Morelli’s Latest ‘Wavey Vine’ Earrings Embrace ColorThe reimagined jewel, our Piece of the Week, trades the diamonds in the original 1998 design for blue, pink, yellow, and green sapphires.
Supplier BulletinAug 13, 2026
Your Piece Could Be the One Editors Talk AboutSponsored by American Gem Trade Association
FinancialsAug 13, 2026
Pandora’s ‘Talisman’ Collection Shines, Lab-Grown Diamond Sales FallIn the United States, second-quarter sales were flat amid soft consumer sentiment and lower in-store traffic.
AuctionsAug 13, 2026
This Gold Cadbury ‘Conundrum’ Egg Set a World Auction RecordThe 22-karat gold egg, sold at Batemans Auctioneers in the U.K., was part of a 1980s treasure hunt ad campaign for Cadbury Creme Eggs.
CollectionsAug 13, 2026
John Hardy Infuses ‘Icon,’ ‘Heishi’ Collections with ColorThe expanded collections now feature hand-cut gemstones like topaz, tanzanite, chrysoprase, chalcedony, smoky quartz, and fire opal.
Lab-GrownAug 13, 2026
Jean Dousset Opens Third StoreThe lab-grown diamond jewelry brand’s newest boutique is in Westfield Valley Fair in Santa Clara, California.
CrimeAug 12, 2026
Elderly NYC Woman Targeted in Jewelry Swap SchemeTwo suspects offered to trade the woman a “winning” lottery ticket for her jewelry.
SourcingAug 12, 2026
Another Diamond Mine Poised to CloseFinsch has been in business rescue since May, and owner Petra Diamonds said it sees no viable path forward for the mine.
CrimeAug 12, 2026
Jewelry Store Employee Gets 20 Years to Life in Choking Death of BossMichel Patrick DeSalles was sentenced after pleading guilty to the 2017 murder of Omid Gholian, who owned a jewelry store in Manhattan.
MajorsAug 12, 2026
Frederick Goldman Names New SVP of SalesLongtime industry executive Beth Miller has taken on the role.
AuctionsAug 11, 2026
Verdura Unicorn Brooch With Royal Connection Up for Auction The brooch was owned by Virginia Fortune Ryan Ogilvy, who served as a lady of the bedchamber to Queen Elizabeth II for nearly 50 years.
MajorsAug 11, 2026
Signet Jewelers Selects Mattel Exec to Lead Zales, BanterJamie Cygielman will take on the role on Aug. 24.
IndependentsAug 11, 2026
Polly’s Fine Jewelry Co-Owner Richard Moore Dies at 69Moore, Polly’s husband, is remembered as a family man with an easygoing spirit and a love for sports and the outdoors.
ColumnistsAug 11, 2026
Creative Connecting: How to Sell Colored Gemstones to Gen ZDuvall O’Steen and Jen Cullen Williams share the best ways to display, present, and explain colored gemstones to younger customers.
Events & AwardsAug 11, 2026
NAJA Announces Lineup For 2026 Fall Virtual ConferenceThe mid-year conference for jewelry and watch appraisers will take place Sept. 5-6 on Zoom.
TechnologyAug 10, 2026
Colorado Jeweler Launches Customization Tool He Built HimselfHonest Hands Ring Co. Founder Benjamin Bosworth shared his thoughts on jewelry technology and why AI can never replace the human element.
