Thursday, 2 November 2023

Rapaport calls for help and support for US Diamond Protocol as World Diamond Council (WDC) and De Beers lobbyists push for sanctions plan that will destroy small US jewelers and dealers.


Rapaport calls for help and support for US Diamond Protocol as World Diamond Council (WDC) and De Beers lobbyists push for sanctions plan that will destroy small US jewelers and dealers.

Visit rapaport.com/sanctions for facts and support. Martin Rapaport will fast for three days next week — Tues.-Thurs., Nov. 7-9 — to protest WDC’s support for Kimberley Process that certifies Russian diamonds. Trade is urged to fast for one day, Tuesday, Nov. 7, as WDC and KP meet in Zimbabwe. Prices of rounds stabilizing; 1 ct. RAPI +0.3% this week but -2.2% for Oct. Fancies still falling. Surat factories to close for three weeks over Nov. 12 Diwali holiday. NY DDC to hold Israel trade week Nov. 27-30.

Visit: rapaport.com

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