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U.S. market mixed as Black Friday approaches. Big stones cooling off in China as President Xi Jinping implements anti-corruption campaign. Indian market improving. Cert shortages, due to GIA delays, supporting prices. Nov. De Beers sight sells out at $ 480m, Large Dec. sight expected. Christie’s HK sells $ 111M (86% by lot). Tiffany & Co. 3Q revenue +7% to $ 912M, profit +8% to $ 95M. Chow Tai Foo…
Rapaport – News

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TRADE ALERT: Buyers beware. Persistent reports that large amounts of synthetic lab grown diamonds are being mixed with natural diamonds in parcels of melee and pointers. Know your supplier and insist phrase “natural, untreated diamonds” be included on all invoices. Rounds: Global demand very weak for this time of the year. U.S. market OK and better than the rest of the world but not as strong…
Rapaport – News

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