Rapaport

A sapphire and diamond necklace led the recent Christie’s auction in Hong Kong, where it garnered HKD 125.5 million ($16.1 million), within its estimated range. 👇Full article linked in a comment below.

The jewelry sector saw a strong showing on Black Friday, making it one of the top categories in the US this holiday season, with a 2.8% rise year on year, according to Mastercard SpendingPulse. 👇Full article linked in a comment below.

This Wednesday: Don’t miss “Turning Precision into Profit: The Retailer’s Perspective on GCAL 8X” with Joshua Freedman and GCAL By Sarine’s Angelo Palmieri!  During this webinar, we’ll discuss 8X, the shapes it currently supports, and what’s coming next. We’ll also be joined by Randy Cole, president of Diamond Vault of Troy, and Paul Cassarino, president of The Gem Lab, for a live Q&A. 🔉💎 Full details and registration: Linked below 👇

Engagement season has begun! Many couples plan proposals between Thanksgiving and Valentine’s Day, since they tend to spend more time with family and wish to celebrate their engagement with loved ones.    According to The Knot’s 2025 Real Weddings Study, 57% discussed marriage or engagement more than a year prior to the proposal, while 27% discussed the proposal 6-12 months before the big day.  One average, couples spent $5,200 on an engagement ring. 

Vast Resources has sold 123,928.8-carats of diamonds from a 15-year-old parcel the Zimbabwe government seized in 2010 and released in April. 👇Full article linked in a comment below.

Botswana’s minerals and energy minister visited the Antwerp World Diamond Centre (AWDC) this week to thank 18 of its member companies for providing the African country with humanitarian aid. 👇Full article linked in a comment below.

Happy Thanksgiving! 🍂 The season of gratitude has us celebrating nature’s most beautiful autumn-toned gemstones: ✨ CITRINE – Radiating joy, abundance, and thankfulness for life’s blessings with its golden harvest glow 🫟 AMETHYST – Believed to calm the mind and ease stress, this bright stone embodies peace and balance 💗 ROSE QUARTZ – Promoting love, compassion and a thankful spirit Which gemstone resonates most with you this year? Wishing you a Thanksgiving filled with warmth, love and beautiful moments.

Last week, Rapaport joined NYC Jewelry Week on a Diamond District tour guided by Grant Mobley of Natural Diamond Council, offering a glimpse of the trends leading consumers to natural diamonds.  On the tour, we met the talented Willy Lopez from William Goldberg Diamonds, who helped founder William Goldberg create the stunning Ashoka diamond. We saw the brand’s beautiful work, masterful stone-cutting and finishing artistry with Eve Goldberg.

US e-commerce sales grew in the first month of the holiday season as consumers took advantage of early deals. Sales rose 8% year on year to $79.7 billion for the first 23 days of November, Adobe reported Wednesday. Buyers spent over $3 billion a day on 22 of those, setting a new record. Last year, Americans shelled out $3 million over a 24-hour period for 20 of the first 23 days of the same month. 👇Full article linked in a comment below.

Group revenue decreased 1.1% year on year to HKD 38.99 billion ($5.01 billion) for the six months that ended September 30, the jeweler reported Tuesday. 👇Full article linked in a comment below.