MajorsNov 10, 2025
Jewelers Focus on Love, Joy In 2025 Holiday Campaigns Tiffany & Co., David Yurman, and Pandora have launched holiday campaigns depicting their jewelry as symbols of affection and happiness.
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
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
SurveysNov 10, 2025
5 Things Retailers Should Know About Holiday Shoppers This YearThe National Retail Federation is bullish on the holidays, forecasting retail sales to exceed $1 trillion this year.
AuctionsNov 10, 2025
300+ Colored Diamonds Up for Auction at Christie’sLate collector Eddy Elzas assembled “The Rainbow Collection,” which is offered as a single lot and estimated to fetch up to $3 million.
Brought to you by
Roseco Releases New Full-Line CatalogRoseco’s 704-page catalog showcases new lab-grown diamonds, findings, tools & more—available in print or interactive digital editions.
EditorsNov 07, 2025
Piece of the Week: An MVP’s Sapphire Tennis Necklace At the 2025 World Series, the Los Angeles Dodgers’ Yoshinobu Yamamoto sported a custom necklace made by California retailer Happy Jewelers.
Weekly QuizNov 06, 2025
This Week’s QuizTest your jewelry news knowledge by answering these questions.
IndependentsNov 07, 2025
Foundrae’s New Palm Beach Location Is a ‘Golden Solarium’The brand’s seventh location combines Foundrae’s symbolic vocabulary with motifs from Florida’s natural surroundings.
FinancialsNov 07, 2025
Watches of Switzerland’s H1 Sales Up 8%The retailer also shared an update on the impact of tariffs on watch customers.
Brought to you by
Jewelers of America Aligns New Mission to Create Meaningful Impact for MembersFrom educational programs, advocacy, and recent MJSA affiliation, Jewelers of America drives progress that elevates businesses of all sizes.
IndependentsNov 06, 2025
Greenwich St. Jewelers Hosts Raffle Supporting Food RescueAll proceeds from the G. St x Jewel Boxing raffle will go to City Harvest, which works to end hunger in New York City.
IndependentsNov 06, 2025
Cornell’s Jewelers Names New PresidentCourtney Cornell is part of the third generation to lead the Rochester, New York-based jeweler.
WatchesNov 05, 2025
Shinola President Steps Down Just as He Starts Former Signet CEO Mark Light will remain president of Shinola until a replacement for Ulrich Wohn is found.
AuctionsNov 05, 2025
Taylor Swift’s Engagement Ring Designer Makes Her Auction DebutKindred Lubeck of Artifex has three rings she designed with Anup Jogani in Sotheby’s upcoming Gem Drop sale.
FinancialsNov 05, 2025
Pandora Posts Modest Q3 Sales Growth Amid ‘Weak’ Consumer Sentiment The company focused on marketing in the third quarter and introduced two new charm collections, “Pandora Talisman” and “Pandora Minis.”
FinancialsNov 05, 2025
Brilliant Earth’s Q3 Sales Climb 10%The jewelry retailer raised its full-year guidance, with CFO Jeff Kuo describing the company as “very well positioned” for the holidays.
Policies & IssuesNov 04, 2025
Supreme Court to Hear Tariffs Case WednesdayAhead of the hearing, two industry organizations co-signed an amicus brief urging the court to declare Trump’s tariffs unlawful.
MajorsNov 04, 2025
Danny Clark to Become Stuller CEO, Succeeding Matt StullerStuller COO Belit Myers will take on the additional role of president, with all changes effective at the start of 2026.
ColumnistsNov 04, 2025
Peter Smith: What Do Birds Have to Do With the Price of Gold? Smith cautions retailers against expending too much energy on things they can’t control, like the rising price of gold.
TrendsNov 04, 2025
Amanda’s Style File: Fall Colors for November BirthdaysCitrine and topaz are birthstones fit for fall as the leaves change color and the holiday season approaches.
IndependentsNov 04, 2025
Weston Jewelers Heads to Fort LauderdaleThe family-owned jeweler will open its fourth store in Florida in late 2027.
CrimeNov 03, 2025
Men Dressed as Construction Workers Burglarize Jeweler’s Home The NYPD is looking for three men who stole a safe and jewelry valued at $3.2 million from the home of a jeweler in Jamaica Hills, Queens.
MajorsNov 03, 2025
Matthew Rosenheim Takes Over as JA Board ChairThe trade organization also announced its executive committee and five new directors.
CollectionsNov 03, 2025
Muse’s ‘Have a Heart’ Collab Returns, Now With DDGThe “Have a Heart x Diamonds Do Good” collection is championed by model and humanitarian Flaviana Matata and will benefit her foundation.
AuctionsNov 03, 2025
Kashmir Sapphire Ring Tops Christie's Online AuctionThe ring, set with a nearly 17-carat Kashmir cabochon sapphire, sold for $1 million.
TrendsOct 31, 2025
Piece of the Week: A Spinner Fit for ‘Frankenstein’This “Mother Father” spinner necklace from Heavenly Vices Fine Jewelry draws inspiration from Victorian Era jewelry.
CrimeOct 31, 2025
5 More Arrested in Louvre Heist, Jewelry Still Missing The suspects were rounded up in Paris and its suburbs on Wednesday night, but none of the stolen jewels were recovered with them.
Recorded WebinarsOct 31, 2025
Watch: How to Master Google Reviews for Your BusinessExperts share top tips on how to encourage positive reviews and handle negative feedback.
Supplier BulletinOct 30, 2025
Protect Your Customers and Your BusinessSponsored by the Gemological Institute of America
